BTCC / BTCC Square / Binance News /
Binance Founder CZ Stands Firm on $500K-$1M Bitcoin Prediction as Crypto Market Cap Eyes $5 Trillion

Binance Founder CZ Stands Firm on $500K-$1M Bitcoin Prediction as Crypto Market Cap Eyes $5 Trillion

Published:
2025-05-07 05:08:57
13
1

Former Binance CEO Changpeng Zhao (CZ) has reaffirmed his ultra-bullish Bitcoin price target of $500,000 to $1 million during the current market cycle, while projecting the total cryptocurrency market capitalization could exceed $5 trillion by 2025. The prediction comes amid growing optimism in the crypto sector, with technical indicators suggesting sustained upward momentum.

CZ Reiterates Bold Bitcoin Price Prediction Amid Market Optimism

Former Binance CEO Changpeng Zhao has doubled down on his bullish Bitcoin forecast, predicting the cryptocurrency could reach between $500,000 and $1 million during the current market cycle. In a recent interview, Zhao suggested the crypto market capitalization might surpass $5 trillion by 2025, though he declined to specify a timeline for Bitcoin’s potential seven-figure valuation.

Technical indicators support continued momentum, with Bitcoin breaking through key resistance levels. Zhao also shared his long-term vision for decentralized exchanges (DEXs) eventually overtaking their centralized counterparts, while identifying artificial intelligence (AI) and decentralized science (DeSci) as emerging frontiers for blockchain innovation.

Bhutan Launches World’s First National Crypto Tourism Payment System via Binance Pay

Bhutan has cemented its position as a digital finance pioneer by launching the first government-backed cryptocurrency payment system for tourism. The Himalayan kingdom partnered with Binance Pay and local digital bank DK Bank to enable seamless crypto transactions for travelers.

Tourists can now use Binance Pay to settle expenses across Bhutan’s hospitality sector—from luxury hotels to street vendors. The move capitalizes on growing crypto adoption among tech-savvy travelers while positioning Bhutan as a forward-thinking destination.

This initiative marks a strategic embrace of blockchain infrastructure at the national level. Unlike speculative crypto projects, Bhutan’s system focuses on practical utility—streamlining payments while maintaining the country’s controlled tourism model.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users