The post Will Bitcoin Hit $1 Million? Binance CEO Addresses Key Questions Before CZ’s Release appeared first on Coinpedia Fintech News
Binance CEO Richard Teng discussed Bitcoin’s price movements and the impact of its halving cycles. In an interview with Altcoin Daily, he explained that Bitcoin’s supply reduces every four years due to halving, which often leads to price increases six to 12 months afterward. While Teng refrained from speculating on whether Bitcoin could surpass $100,000 …