Binance CEO: Bitcoin is expected to exceed $80,000 by the end of this year, and the crypto industry will be even better next year

On June 18th, CEO of Binance, Richard Teng, stated on Bankless' YouTube channel that he expects Bitcoin to surpass $80,000 by the end of this year. Teng added that he believes 2025 will be a better year for the entire cryptocurrency industry than 2024, as the overall macroeconomic situation will be better. He explained that we may see interest rate cuts later this year, which will lead to an increase in cryptocurrency prices in 2025.

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