Bitcoin can reach $1 million in this market cycle
08.05.2025
Bitcoin could reach $500,000 or even $1 million in the current market cycle. This prediction was made by Binance founder Changpeng Zhao (CZ) in an interview with Farokh Radio.The entrepreneur believes that in 2025, the total crypto market capitalization will exceed $5 trillion. However, CZ did not specify the exact timeline for reaching these figures.This is not his first optimistic forecast. Back in 2020, Zhao predicted Bitcoin’s rise to $100,000 — a target that was reached in December 2024.In February 2025, he jokingly hinted at the $1 million potential, making fun of the “crash” from $1,001,000 to $985,000.At the time of writing, the BTC price is $97,184, and the total crypto market capitalization is approximately $3.098 trillion.In the conversation, CZ also described meme coins as “speculative noise” and predicted the collapse of 99.99% of them. At the same time, he highlighted promising areas such as blockchain integration with AI and the development of decentralized science (DeSci).Zhao pointed out the sharp change in the U.S. regulatory climate after Donald Trump came to power:“In 100 days, the situation turned 180 degrees,” he noted.CZ also predicted the dominance of decentralized exchanges over centralized ones, calling them “different doors to the same world.”
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