Bitcoin will hit a new all-time high in 2025, Binance CEO says

Published On Jan 21, 2025, 9:08 AM

Binance CEO Richard Teng predicts that Bitcoin will achieve a new all-time high in 2025, attributing this expectation to clearer regulations in the U.S. under the new Trump administration. He argues that the crypto market is experiencing a shift in sentiment, with increased support from political and corporate leaders. Teng also highlights the anticipated positive legislation regarding crypto token issuance, trading, and management. Currently, Bitcoin trades near $104,000, having crossed the $100,000 milestone last year.