Bitcoin News Today: CZ's 2015 Bitcoin Reflections Reveal Patience Pays Off in Volatile Market

In late August 2025, Binance co-founder Changpeng Zhao, commonly known as CZ, shared a historical perspective on Bitcoin’s price volatility. In a post on X, he recalled holding Bitcoin in 2015 when its price had dropped to approximately $150 [1]. This statement has drawn attention amid ongoing debates about long-term investment strategies in the cryptocurrency market. Zhao’s recollection aligns with broader observations that Bitcoin’s value has historically experienced sharp declines, often followed by significant recoveries, reinforcing the importance of patience for long-term holders [2].

Bitcoin’s price history since its inception in 2009 has been marked by extreme volatility. In 2015, following the price dip to around $150, the cryptocurrency gradually recovered, finishing the year at $430 [2]. This pattern of decline and recovery has repeated across Bitcoin’s history, with major swings observed in 2017, 2018, and during the 2020–2022 market cycle. Analysts have noted that Bitcoin’s price is heavily influenced by macroeconomic factors such as interest rates, liquidity conditions, and regulatory developments [2]. For instance, in late 2021, the Federal Reserve’s announcement of tapering its bond purchases led to a broader decline in risk assets, including Bitcoin, which eventually fell below $30,000 by mid-2022 [2].

The cryptocurrency’s performance has also been shaped by regulatory actions, particularly in major markets. In 2021 and 2022, China’s stringent measures, including banning financial institutions from handling crypto transactions, triggered significant downward pressure on Bitcoin’s price. However, the market showed resilience, and by early 2023, Bitcoin had regained momentum, surpassing $26,000 [2]. The launch of Bitcoin ETFs in early 2024 marked a pivotal development, attracting institutional and retail investors alike, which contributed to another price surge, pushing Bitcoin above $73,000 by March 2025 [2].

Political developments have also played a role in shaping Bitcoin’s trajectory. The election of former U.S. President Donald Trump in 2024, who has expressed support for cryptocurrency, led to a renewed surge in Bitcoin’s price, which reached an all-time high of over $100,000 in December 2024 [2]. While regulatory clarity remains a work in progress, the establishment of a working group by the Trump administration in January 2025 to propose crypto industry regulations signaled a more favorable environment for market participants [2].

Looking at Bitcoin’s performance in 2025, the cryptocurrency faced some short-term headwinds following the creation of the Strategic Bitcoin Reserve in March, as investors reacted negatively to the lack of detailed plans for U.S. purchases of the asset [2]. Nevertheless, Bitcoin rebounded in May and reached another all-time high of over $111,000 before retreating. By mid-July, it surged past $123,000, reflecting sustained investor confidence and speculation about future price appreciation [2]. Despite these gains, analysts caution that the market remains susceptible to volatility, particularly as new regulatory frameworks and macroeconomic conditions continue to evolve [2].

Bitcoin’s long-term appeal as a store of value has gained traction, especially as major companies have shifted from using it for transactions to viewing it more as a strategic asset. However, the cryptocurrency’s relatively short history as a store of value—compared to traditional assets like gold—means that its future role in global portfolios remains subject to interpretation and market sentiment [2]. As the ecosystem continues to mature, market participants are closely monitoring developments in regulation, macroeconomic policies, and institutional adoption, which could further shape Bitcoin’s trajectory in the coming years.

Source:

[1] PANews (https://www.panewslab.com/en/articles/02f66508-ed38-4bf8-ba93-890b07b6c1a9)

[2] Bankrate (https://www.bankrate.com/investing/bitcoin-price-history/)

[3] ChainCatcher (https://www.chaincatcher.com/en/article/2203818)