Bitcoin Surpasses $123K All-Time High; CZ Says It’s ‘Just a Fraction’ – Is Now the Right Time to Buy?

Bitcoin has surged past the $122,000 mark to set a new all-time high, triggering a $1.3 billion liquidation of short positions. As the cryptocurrency’s market capitalization hits $2.39 trillion—catapulting it to the fifth-largest asset globally—former Binance CEO Changpeng Zhao (CZ) has downplayed the milestone, describing it as “just a fraction” of its potential.

The digital asset has shattered all prior records, climbing to an unprecedented peak of $123,091. In the wake of this surge, Changpeng Zhao (CZ) has offered a forward-looking take on the achievement, framing it as “just a fraction” of what lies ahead in Bitcoin’s trajectory.
Bitcoin’s IBIT ETF has surged to a record $76 billion in assets under management in fewer than 350 days—a milestone that took the gold ETF GLD over 15 years to achieve.
This historic rally reflects a seismic shift in institutional sentiment: Bitcoin can no longer be ignored by big capital. Family offices, hedge funds, and even conservative investment firms are now eyeing allocations of roughly 1% of their assets to the cryptocurrency.
Bitcoin’s standout performance has solidified its dual role as both a high-growth asset and a reliable hedge against inflation, particularly during periods of monetary expansion.
In light of this, while it’s hard to call any entry point into Bitcoin “wrong,” there’s always an optimal moment—and that moment is either now or in the wake of a market correction.
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With that, it’s safe to say that there’s no wrong time to buy Bitcoin, but there’s always a best time, which is now or after a correction.


Post time: Jul-14-2025