Marco Piccolo, an Investment Analyst for CoinCodex, said that Changpeng "CZ" Zhao, the former CEO of Binance, forecasted Bitcoin could reach $1 million this cycle and predicted the cryptocurrency market cap might hit $5 trillion by 2025. This statement was made in an article on CoinCodex.
"Changpeng Zhao painted an ultra-bullish picture of the crypto landscape," said Piccolo, Investment market expert. "According to Zhao, Bitcoin could surge to anywhere between $500,000 and $1 million before this cycle ends. The total cryptocurrency market capitalization could balloon to $5 trillion by the end of 2025. AI will marry blockchain."
According to Coingape, Changpeng Zhao, also known as CZ, is a central figure in the cryptocurrency world and the founder of Binance, one of the largest crypto exchanges by trading volume. Zhao is known for making influential statements that often impact crypto market sentiment. His recent remarks have contributed to discussions on the potential for a strong recovery in the crypto market.
CoinMarketCap reported that as of June 2025, the total global cryptocurrency market capitalization is around $3 trillion, showing significant growth from previous years. Bitcoin represents more than half of this market cap, trading near $94,000 according to the latest data. Market observers note that optimistic predictions frequently lead to increased trading activity and heightened volatility.
According to Cointelegraph, ARK Invest projects that Bitcoin could reach a value exceeding $2 million by 2030 under its most bullish scenario. The firm’s analysis incorporates factors such as growing institutional adoption and broader utility in financial markets. These projections highlight the ongoing debate over Bitcoin’s long-term price potential.
Piccolo is an investment analyst with expertise in cryptocurrency investing and trading strategies. He has been involved in the crypto sector since Bitcoin’s early days and provides market analysis and insights for traders and investors. His articles are recognized for their data-driven approach to evaluating market trends.
Zhao is a Chinese-Canadian entrepreneur and the founder of Binance, which is recognized as the world’s largest cryptocurrency exchange by trading volume. He has appeared on multiple Forbes lists and was recognized as one of the most influential people in the crypto industry. His leadership at Binance and public statements have made him a key figure in shaping the direction of the global digital asset market.