News Explorer — Binance CEO Predicts Bitcoin Will Exceed $80,000 on Increasing Demand

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Mar 18, 11:13 am

Coindesk

Binance CEO Predicts Bitcoin Will Exceed $80,000 on Increasing Demand

Teng, the CEO of Binance, predicts that Bitcoin will surpass his previous estimate of $80,000 due to decreasing supply and increasing demand. The crypto market has been reaching new highs, with Bitcoin crossing $73,000 for the first time. Financial firms like Standard Chartered have raised their year-end target for Bitcoin to $150,000.

Teng, the CEO of Binance, predicts that Bitcoin will surpass his previous estimate of $80,000 due to decreasing supply and increasing demand. The crypto market has been reaching new highs, with Bitcoin crossing $73,000 for the first time. Financial firms like Standard Chartered have raised their year-end target for Bitcoin to $150,000.

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