Changpeng Zhao, CEO of Binance, the world's largest cryptocurrency exchange by trading volume, deleted a tweet about his prediction about what could trigger the next bull market in the cryptocurrency space.
In a tweet released today, Zhao said he doesn't know what will trigger the next wave of cryptocurrency adoption and innovation. He cited previous trends he couldn't predict, such as ICOs in 2017, DeFi in 2020, NFTs in 2021, and the Luna and FTX crash in 2022:
“There is a question I get a lot, especially in January: What do you think will trigger the next bull market?
My answer is always "I don't know."
Binance CEO May Have Implied New Bull Is Triggered By Traditional Finance
A few hours later, Zhao deleted his tweet without any explanation. He then tweeted another, saying: "TradFi, who would have thought?" This tweet seemed to imply that traditional finance could be the next catalyst for crypto growth.
As it is known, a short time ago, after traditional finance giants such as BlackRock and Fidelity got closer to Bitcoin and crypto money, the price of BTC again exceeded $ 30,000.
*Not investment advice.