The chief executive officer of Binance, the biggest cryptocurrency exchange, Richard Teng, recently told Bankless that he believes the first cryptocurrency's price will rise above $80,000 before the year ends.



An improvement in the macroeconomic environment will make next year a better one for digital assets than this one, according to the top manager.



According to Teng, the cryptocurrency market will receive more liquidity thanks to the Bitcoin ETF's approval and other similar funds based on Ethereum, which will help the bull phase progress.

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