Binance CEO Richard Teng said on Bankless' YouTube channel that he expects Bitcoin to exceed $80,000 by the end of the year.

Teng added that he believes 2025 will be a better year for the entire cryptocurrency industry than 2024 because the overall macroeconomic situation will be better.

He explained that we may see a reduction in interest rates later this year, which will lead to an increase in cryptocurrency prices in 2025. #美联储何时降息？ $BTC $ETH #美国5月核心PCE物价指数年率增幅创2021年3月以来新低