Binance’s CZ
Bitcoin has stabilized at approximately $109,000 following former President Trump’s pardon of Binance’s CEO, Changpeng Zhao, also known as CZ. This development comes as the European Union implements sanctions on Russian cryptocurrency exchanges, which has affected market sentiment. The pardon has provided a degree of reassurance to investors, potentially influencing Bitcoin’s price stability. Meanwhile, the EU’s actions against Russian crypto exchanges are part of broader regulatory efforts, which may create uncertainty in the market. Investors are closely monitoring these developments as they navigate the evolving landscape of cryptocurrency regulations and market reactions.
Last updated on October 24th, 2025 at 10:05 pm
