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Will Bitcoin reach $1 million?
Binance CEO Richard Teng
In an interview with Altcoin Daily
discussed Bitcoin price trends and the impact of the halving cycle,
Although he did not speculate whether Bitcoin would break through $100,000 in 2025, he was optimistic about its upward trend.
When asked about the possibility of Bitcoin reaching $1 million, Teng said he personally hopes to achieve it because he has cryptocurrency investments.
Binance co-founder CZ is currently detained in the United States and is expected to be released on September 29.
Talking about the future of Binance, Teng said that it will continue to innovate and attach importance to compliance, and is committed to educating users and policymakers.
He said that institutional investors have just begun to enter the cryptocurrency field, which brings huge liquidity and marks a shift in the cryptocurrency landscape.