Bitcoin Reaches New ATH: CZ Predicts Future Value Will Be "Just a Fraction"

CZ Zhao, former Binance CEO, comments on Bitcoin's new all-time high of $122k, stating that it's just the beginning. He compares the current excitement to the moment BTC reached $1,000 in 2017, which was later surpassed, and believes that in a few years, the current value will be just a fraction of what it will be.

Bitcoin (BTC) has reached a new all-time high, surpassing $122,000 for the first time in history. The milestone, achieved on July 14, 2025, has sparked commentary from industry leaders, including Changpeng ‘CZ’ Zhao, the former CEO of Binance. In a recent post, CZ expressed his optimism about the future of Bitcoin, comparing the current excitement to the moment when BTC reached $1,000 in 2017.

"Three years to reach an ATH of $1,000 in January 2017. We were excited. Now, that is just a small fraction, less than 1% [of the current Bitcoin value]," said CZ. He believes that in a few years, the current value will be just a fraction of what Bitcoin will be worth.

At press time, Bitcoin has surged nearly 3.5% in the past 24 hours, reaching a new high of $122,295. The token has seen significant growth, with its market cap currently sitting at $2.43 trillion, surpassing Amazon by a few billions. The daily trading volume has also enjoyed gains, increasing by 94.2% to reach above $44 billion [1].

CZ's perspective is echoed by Billy Markus, the founder of Dogecoin, who offered a humorous take on Bitcoin's new all-time high. Markus highlighted the unpredictable nature of crypto markets, emphasizing that price movements are often driven by sentiment and speculative behavior rather than fundamental value [2].

Meanwhile, Ego Death Capital has launched a $100 million fund exclusively for Bitcoin startups, signaling renewed institutional confidence in BTC as the cornerstone of decentralized finance [3]. This move underscores the growing belief among investors that Bitcoin remains the most secure and decentralized foundation for building next-generation financial infrastructure.

In conclusion, Bitcoin's recent all-time high has sparked diverse reactions within the crypto community. While CZ and other industry leaders express optimism about the future, investors are advised to consider both perspectives, embracing prudent risk management while acknowledging the transformative potential of expanding blockchain networks.

References:
[1] https://crypto.news/cz-on-bitcoin-breaking-122k-ath-in-a-few-years-this-will-be-just-a-fraction/
[2] https://en.coinotag.com/dogecoin-founder-and-binances-cz-offer-perspectives-on-bitcoins-new-all-time-high/
[3] https://en.coinotag.com/ego-death-capital-raises-100-million-fund-for-bitcoin-startups-amid-growing-institutional-interest/