Bitcoin Value To Reach $100,000 Per Unit: Binance CEO

Due to the outbreak of Coronavirus the whole world is suffering, nothing has remained untouched. But the CEO of Binance, Changpeng Zhao, is still quite hopeful in this time of crisis.

As most BTC are not for sell (HODLers), we only need a small portion of that $2t to buy to reach it.

Bitcoin Safe With HODLERS

Recently, the CEO of Binance, who donated $1.44 million to China, to help them in their fight against the deadliest pandemic COVID-19, has mentioned that most of the Bitcoins are kept safely in hands of hodlers. He further stated that soon the market value of Bitcoin might reach $2 trillion.

Altcoins Showing Upward Trend

A few days ago, the Bitcoin value came down and reached less than $5,000. But slowly its graph started showing an upward trend and today its value reached $6,000. A report suggests that if the trend of Bitcoin would continue to grow then soon its value would reach above $7,000.

Bitcoin is being followed by several altcoins presently, they too are showing an upward trend in the market. The report further says in recent time, the altcoins are in a good place, except Ethereum. Although it (Ethereum) is moving up, still remain in the red zone.

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Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.

Ethereum Altcoins Binance china Changpeng Zhao Coronavirus CEO of Binance HODLERS

Bitcoin Value To Reach $100,000 Per Unit: Binance CEO

Jyoti Singh

Jyoti is a graduate from GGSIPU and has done her PG Diploma in English Journalism from IIMC. Presently, she is working as a content writer with Agio Support Solution Pvt. Ltd. Her aim is to provide informative content about cryptocurrency and blockchain, to the tech-enthusiasts.