“Much above $80,000”: Binance CEO updates Bitcoin price forecast
The CEO of the largest crypto exchange Binance, Richard Teng, during a conversation with Bankless, expressed the opinion that by the end of the year the price of the first cryptocurrency will overcome the level of $80,000.
According to the top manager, next year will be better for digital assets than the current one, thanks to an improvement in the macroeconomic environment.
Teng also noted that the approval of the Bitcoin ETF and the upcoming launches of similar funds based on Ethereum will attract additional liquidity to the cryptocurrency market, contributing to the development of the bull phase.
