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Binance founder Changpeng "CZ" Zhao attributed crypto's 2026 bear market to AI investments diverting funds, geopolitical tensions, and the four-year market cycle. Bitcoin fell from $96,000 to $60,000 in 2026, down 50% from its $126,000 all-time high last October. CZ expects long-term growth.
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Summary by ByteBrief
Bitcoin sub-$60K close since Q3 2024