Subscribe to Bankless or sign in
Binance founder CZ predicts 
Bitcoin could reach $1 million as the crypto market aims for a $5 trillion valuation this cycle, driven by evolving infrastructure and new innovations.
What’s the Scoop?
- Bold Target: Binance founder Changpeng Zhao predicts Bitcoin could surge to $500,000–$1 million this cycle.
- Market Outlook: Zhao forecasts the total crypto market cap to cross $5 trillion by the end of the year.
- Broader Perspectives: CZ highlights AI and decentralized science (DeSci) as key growth areas for blockchain innovation.
- Regulatory Shift: Zhao praises pro-crypto regulatory changes under the new U.S. administration.
- Focus on DEXs: Zhao sees decentralized exchanges surpassing centralized ones in the long run as trading infrastructure evolves.
