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CZ States Crypto Market Still in Normal 4-Year Cycle on June 20, Bitcoin Up 5x Since Last Low

GateNews
Market Analysis
BTC-1.22%
RWA-0.64%
According to BlockBeats, Binance founder CZ expressed views on the current crypto market cycle during a Galaxy Brains podcast interview on June 20. CZ stated that the recent approximately 50% market pullback is normal within the standard four-year cycle, noting that previous cycles saw corrections of up to 80%. Comparing cycle lows, Bitcoin has risen about 5x over four years. CZ highlighted a major shift: U.S. government policy toward crypto has changed 180 degrees, moving from restrictive stances four years ago to now actively developing crypto regulatory frameworks and spurring other nations to follow suit. He also noted that ETF adoption, stablecoins, RWA developments, and increased institutional participation signal genuine industry progress.
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