Summary
- Richard Teng, CEO of Binance, mentioned the recurring phenomenon of Bitcoin surpassing its limits in the virtual asset market.
- Teng emphasized that Bitcoin's price rise has consistently defied past predictions.
- As of the 22nd, Bitcoin is trading at $109,000.01 on Binance, up 4.11% from the previous day.
Richard Teng, CEO of Binance, stated on the 21st (local time) via his X (formerly Twitter) that "What seemed impossible in the virtual asset (cryptocurrency) market just a few years ago has now become routine." He added, "This change is a recurring pattern. What was impossible yesterday is accepted as a given today."
He further emphasized, "Many in the past claimed that Bitcoin (BTC) would not rise above a certain price, but looking at the charts over the past five years, their predictions have repeatedly been proven wrong."
Meanwhile, BTC is trading at $109,000.01 as of 00:21 on the 22nd, up 4.11% from the previous day on the Binance Tether (USDT) market.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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