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Binance’s CZ predicts Bitcoin could reach $1 million per coin soon

Zhao also tied the call to Bitcoin’s recent strength, saying the coin jumped nearly 12% over the past seven days as liquidity-support expectations boosted non-yielding assets.

Reported · Written up by our desk · Market Structure

Binance founder Changpeng “CZ” Zhao told attendees at Bitcoin Asia in Hong Kong that Bitcoin could reach $1 million per coin sooner than many expect, adding that it could happen in less time than 25 years.

Bitcoin Magazine reports that CZ also said countries that do not adopt Bitcoin could be “missing out,” framing adoption as a longer-term shift similar to other technologies, including AI.

The article points to Bitcoin’s recent rally after news that the U.S. Treasury would at least double the size of its liquidity-support buyback operations, which the piece says helped non-yielding assets like Bitcoin and gold.

It notes Bitcoin jumped nearly 12% over the past seven days, briefly touching $81,160 before slipping to around $80,520, and it contrasts Bitcoin’s roughly $1.6 trillion market cap with gold’s $32.2 trillion value.

Latest closeGold $4,666.20 ▲0.6%|Bitcoin $79,985.12 ▲1.2%

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