Binance founder CZ blames crypto’s sour 2026 on mix of AI, global tension, 4-year cycle
There is no single cause for the crypto market’s 50% decline over the past year, the Binance founder told CoinDesk.
Make preferred on
Share this article
Summary
- The crypto market’s 2026 bear cycle can be tied to a number of factors, Binance founder Changpeng “CZ” Zhao said.
- Alternative investments like AI firms likely sucked away some of the funds that otherwise might have gone into crypto, but CZ told CoinDesk he expected this to be positive in the long-term.
- The U.S. Clarity Act failing to pass may not hurt the U.S. from a crypto regulatory standpoint, given other bills and the general advancement of crypto regulations worldwide, he said.
