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As the crypto market shows signs of rebound, Binance founder and former CEO Changpeng (CZ) Zhao tapped X to offer timely and thought-provoking advice to the crypto community.
CZ’s tweet comes at a time when the crypto market appears to be recovering after a massive sell-off during Monday’s session that resulted in more than $700 million in liquidations in 24 hours. Speculation that the Federal Reserve’s window for further interest rate cuts may be closing has fueled a sell-off in markets, including cryptocurrencies.
Bitcoin briefly fell below $90,000 on Monday – down about 5% from early 2025 – before rebounding. The largest cryptocurrency by market capitalization hit an all-time high of $108,316 last month. The majority of cryptocurrencies also recorded losses before recovering slightly.
At the time of writing, Bitcoin was up 5.43% over the past 24 hours to $96,605. Several cryptocurrencies were rising during the same period, including XRP, Cardano, Dogecoin and Shiba Inu, with gains ranging from 6% to 10%.
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CZ’s post urges crypto participants to take decisive action in the present despite missed opportunities in the past, hinting that another golden window may be opening.
“Have you ever said to yourself, ‘I wish… bought bitcoins sooner, bought the dip, held and learned cryptocurrencies sooner, ignored FUD.’ But when the opportunity presents itself again, will you act? Today is sooner than all the days to come,” the Binance founder wrote.
This statement highlights the common regret among crypto enthusiasts of missing key opportunities, such as buying Bitcoin at lower prices or holding in bear markets. CZ’s tweet is a reminder that despite past mistakes or missed opportunities, there is always another opportunity to act.
Institutional adoption is on the rise
In an important milestone, Intesa Sanpaolo SpA has made its first spot purchase of Bitcoin, purchasing around one million euros ($1 million) of the largest cryptocurrency as Italy’s largest banking group expands into the class of assets.
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The move comes as other major financial institutions are expanding into cryptocurrencies and the many market structures that have emerged around them.
BlackRock, the world’s largest asset management firm, has amassed $51 billion in assets in the Bitcoin ETF it created a year ago and is pushing for its digital money market coin to be used as collateral for crypto derivatives trading.
