CZ on New BTC High: A “Small Fraction” of Future Price
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- Bitcoin’s current price will be worth only a fraction in the future.
- Spot Bitcoin ETFs boosted institutional adoption and the demand for Bitcoin.
- Bitcoin has gained over 215% since the SEC’s spot ETF approvals in 2024.
Binance co-founder Changpeng Zhao (CZ) expects Bitcoin’s price to rise much higher than its current price. According to Zhao, Bitcoin’s current all-time high could be worth a fraction of the cryptocurrency in the future, just like what was an all-time high a few years ago has become relatively insignificant in the value of the pioneer crypto.
After I bought bitcoin in 2014, it took 3 years to reach an ATH of $1000 again in Jan 2017. We were excited. Now, that is just a small fraction, less than 1%.
— CZ
Today, you might be excited by the current ATH. In a few years, this will be just a fraction.BNB (@cz_binance) July 14, 2025
Zhao’s latest post on the social media platform X highlighted his own experience of buying Bitcoin in 2014 and holding it for three years before the price first reached the milestone of $1,000 in 2017. He noted that at the time, the entire crypto industry considered that a massive achievement for the digital…
The post CZ on New BTC High: A “Small Fraction” of Future Price appeared first on Coin Edition.
In This News
Coins
$ 72.80K
-3.19%
$ 0.0721
-7.29%
$ 633.31
-3.52%
$ 0.00881
$ 0.00...361
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Share:
In This News
Coins
$ 72.80K
-3.19%$ 0.0721
-7.29%$ 633.31
-3.52%$ 0.00881
$ 0.00...361
Predictions Markets
See what traders are focused on
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