CandleFocus

Boring? Binance Founder Downplays Bitcoin $100K Milestone With A Bold Remark

Former Binance CEO Changpeng Zhao believes that Bitcoin has the potential to surpass the $100,000 level. After Bitcoin's recent recovery to $100,000, Zhao suggested that the top cryptocurrency can go even higher. He stated that "100k is boring" and expressed his belief that Bitcoin can reach a price point beyond that. This statement has sparked excitement among the cryptocurrency community. Bitwise executive Matt Hougan also predicted that Bitcoin could reach as high as $200,000 by the end of 2025 due to increased demand from corporate entities through Bitcoin ETFs. Market analysts agree that digital assets will experience a surge in prices in 2025 driven by institutional adoption and national governments. Zhao has a positive outlook for cryptocurrencies and believes that 2025 will be a "send it" year for digital assets. While he did not provide a specific price prediction for Bitcoin, there have been occasions where he hinted it could reach $850,000 per coin.

Related News