The businessman said that the borders of the cycle are conditional, and therefore it is very difficult to name the exact deadlines for Bitcoin getting into the range from $ 500,000 to $ 1 million. According to Zhao, the total capitalization of the crypto at the end of the cycle will be approximately $ 5 trillion, but, possibly, more.
It is becoming increasingly difficult to predict the courses and dynamics of cryptocurrencies due to many multidirectional political and economic factors, the owner of Binance explained. The businessman said that more and more countries understand the importance of the development of infrastructure associated with digital assets and blockchain, and expressed the hope that virtual coins will soon become even more in demand among large companies.
Earlier, Malaysian Prime Minister Anvar Ibrahim (Anwar Ibrahim) Meet With Chanpen Zhao to discuss the capabilities of the state in the field of digital assets and blockchain.
Source: Bits
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