The post Binance CEO Richard Teng Bullish on Bitcoin Despite Recent Price Drop: Here’s Why appeared first on Coinpedia Fintech News
Binance CEO Richard Teng remains optimistic about Bitcoin (BTC) despite its recent price drop to $58K. On June 25, Teng shared a post on X and mentioned, “It’s hard to not be bullish,” giving rise to global discussions. Also, he highlighted the increased BTC adoption across the globe, reflecting on factors like significant rise in vendors accepting payments in BTC from May 2023 to May 2024. Therefore, according to Teng, this growing acceptance is paving a way to a bright future for Bitcoin.
