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Binance CEO predicts Bitcoin will surpass the $80,000 mark thanks to the strong participation of financial institutions


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The CEO of Binance, Mr. Richard Teng, forecasts that Bitcoin will exceed the $80,000 threshold, propelled by the growing influx of investment capital from major institutions via supported Exchange-Traded Funds (ETFs) for cryptocurrency. ( bitcoin halving 2024 countdown

During an event in Bangkok, Mr. Teng linked this optimistic projection to the introduction of Bitcoin ETFs in the US earlier in the year. This development has garnered considerable attention from financial institutions and stimulated fresh capital inflows, indicating a phase of robust expansion for cryptocurrencies.

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