On June 24, 2025, the founder of the cryptocurrency exchange Binance, Changpeng Zhao (CZ), stated that only certain altcoins trading below their peaks from 2021 would be able to set new price records. According to him, $BTC has repeatedly surpassed its previous highs, while most altcoins will remain at low levels. 'Only strong coins with long-term resilience and growth potential will reach new heights,' Zhao noted.
He also emphasized that the capital of large companies is currently concentrated in Bitcoin, but eventually investor funds may shift to altcoins. In 2024, the altcoin season was short, lasting less than a week, unlike the prolonged boom of 2021 when $DOGE and $BNB significantly outperformed Bitcoin. In Zhao's opinion, the growth of Bitcoin positively affects the entire cryptocurrency market.
Analysts link the pessimism regarding altcoins to regulatory restrictions and low liquidity. For asset safety, Zhao advises using hardware wallets.
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