How does CZ think Donald Trump could help boost Bitcoin prices? | Source: CCN
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Key Takeaways
Zhao said Donald Trump’s focus on strengthening US financial markets could help accelerate Bitcoin’s price recovery.
CZ argued that Bitcoin and other blockchains can upgrade to quantum-resistant encryption before it becomes a serious threat.
Stablecoin competition will intensify.
Former Binance CEO Changpeng Zhao said US President Donald Trump’s efforts to support financial markets could help drive a faster-than-expected recovery in Bitcoin’s price this year, as institutional investors continue pouring money into crypto assets.
The comments come as the controversial founder dismissed speculation that he plans to launch another startup.
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Speaking in a recent interview with ARK Invest, Zhao said he remained optimistic about crypto despite volatility and regulatory uncertainty over the past few years.
“I’m still very hopeful that this year might turn out different,” Zhao said. “This recovery might be slightly faster than the historic bear market recoveries.”
He added that institutional investors entering Bitcoin exchange-traded funds were likely to stabilize prices over the long term.
“Most institutions are long-term holders,” Zhao said.
“When they get in, they don’t get out within a month. They will hold for multiple years. So most institutions are long-term holders … that’s really going to stabilize the price.”
Zhao said Bitcoin’s outlook was also tied to broader equity markets and US policy.
“With President Trump … he views the stock market as his benchmark,” Zhao said.
“He’s going to do everything in his power to improve the stock market. When the stock market does well, crypto will do well.”
He said geopolitical tensions and renewed interest in gold trading could also support Bitcoin demand.
Bitcoin Price Faces Key Resistance
Zhao’s bullish comments come as Bitcoin’s price trades just below a major resistance zone after failing to hold gains near a five-month high.
The current technical setup leaves traders focused on whether Bitcoin can reclaim $80,513 as support or whether downside pressure will intensify despite optimism.
If selling pressure continues, CCN analyst Abiodun Oladokun said $79,135 was a key support level, followed by a deeper downside target near $74,857
On the upside, a decisive move back above $80,513 would signal that bulls are attempting to regain momentum, the analyst wrote.
Beyond that, a sustained breakout above $82,784 could pave the way for a move toward the $85,000 region, he said.
Quantum Threats and Bitcoin Upgrades
Zhao also addressed concerns that quantum computing could threaten Bitcoin and other cryptos, saying he believed the industry would adapt before the technology posed a real danger.
“I do think that cryptocurrencies, Bitcoin will upgrade properly,” he said. “There’s already quantum-proof encryption algorithms, so we just have to move to those.”
While acknowledging growing discussion around the issue, Zhao cautioned against overestimating short-term progress in quantum computing.
“There’s an element of advertising in Google’s claims,” he said. “People are usually more optimistic about what they can achieve in one year and underestimate what they can achieve in 10 years.”
He added that more centralized blockchain ecosystems could implement upgrades faster than Bitcoin.
“Vitalik can propose something for Ethereum,” Zhao said, referring to Ethereum co-founder Vitalik Buterin. “…maybe some of the other protocols will go first, and then we’ll deal with Bitcoin,” noting Justin Sun recently proposed something for Tron.
Stablecoins, Yields and Competition
Zhao also predicted intensifying competition in stablecoins, arguing that issuers offering users yield or rewards would gain market share over time.
“So I personally think that stablecoins should generate interest for the users,” Zhao said.
He said Tether’s USDT had benefited from its early-mover advantage but warned that competitors offering incentives could erode its dominance.
“They’ve achieved dominant position without doing that,” he said. “But they are also leaving room for competition now because other newer stablecoins are offering yields.”
Zhao argued that regulators would struggle to prevent firms from rewarding users in various ways.
“You can say, ‘You cannot offer interest rate,’ but people will find other ways,” he said. “There’s so many different ways to pay, to give people money.”
At the same time, Zhao said crypto firms should maintain full reserves rather than adopt the fractional-reserve practices common in banking.
He also predicted a wave of new stablecoins beyond those tied to the US dollar, as governments seek to expand use of their own currencies and debt markets.
“Every country wants to see their currency being used by the world to the extent possible,” Zhao said.
Adding: “Selling bonds through stablecoins is one of those indirect ways, but very effective ways to do so.”
“I’m a One-Trick Pony”
Despite ongoing speculation about Zhao’s next move after stepping down from Binance, he said at Consensus 2026 that he had little interest in leading another startup.
🎥 @cz_binance on his next chapter: "I don't think I got the stamina to run another startup."
“I don’t think I have the stamina to run another startup, like to lead another company,” Zhao said on stage at the conference.
“I’m a one-trick pony,” he added. “I’m okay with that level.”
Zhao, who pleaded guilty in 2023 to violating US anti-money laundering laws and later served prison time, said he was now focused more broadly on advising and investing.
Kurt Robson is a London-based reporter at CCN, specialising in the fast-moving worlds of crypto and emerging technology. He began his career covering local news in Cornwall after graduating from Falmouth University with First Class Honours in Journalism. There, he cut his teeth on everything from council meetings to missing swans.
He quickly rose through the ranks to become a frontline journalist at several of the UK’s leading national newspapers. Over the years, he has interviewed musicians and celebrities, reported from courtrooms and crime scenes, and secured multiple front-page exclusives.
Following the upheaval of the COVID-19 pandemic, Kurt shifted his focus to technology journalism—just ahead of the AI boom. With a natural curiosity and a trained eye for emerging trends, he has found a new rhythm in reporting on innovation.
At CCN, Kurt's work focuses on the cutting edge of crypto, blockchain, AI, and the evolving digital world. Drawing on his background in people-first reporting and his deep interest in disruptive tech, Kurt delivers stories that are insightful, entertaining, and human-centric.
