- Binance has added 3,600 BTC to its SAFU Fund.
- Founder CZ has called it perfect timing.
- BTC price has surged by 3.4% over the last 24 hours.
Binance has added more bitcoins to its SAFU Fund. The move comes at a time when BTC price has slipped to a low of around $68k, with the possibility of further decline in the days to come. Binance Founder Changpeng CZ Zhao has hailed the recent acquisition.
Binance Adds More BTC to SAFU Fund
The platform has reportedly added 3,600 BTC to its SAFU Fund, short for Secure Asset Fund for Users. They were valued at approximately 250 million USD stablecoins at the time of the transaction. Its SAFU BTC address now holds 6,230 bitcoins.
Binance has clarified that it will continue to acquire BTC to fulfill the objective of converting the fund within 30 days from the original announcement.
Changpeng CZ Zhao has called it perfect timing, possibly hinting that a low BTC price needs to be capitalized on. For a quick reference, CZ earlier shared that he was working with more countries to help them launch their native stablecoins.
BTC Slips to a Low
BTC price was around $92k on January 20, 2026. It has now slipped to $68,010.80, up by 3.4% over the last 24 hours but down by 17.94% over the last 7 days and 24.39% in a month. The recent dip has taken it 45.96% away from the ATH of $126,198.07, which was recorded on October 07, 2025.
Chances are that bitcoin may not close 2026 at a new ATH. BTC price prediction has laid out a smaller range for the flagship token. Kalshi Traders expect it to hover around $100k with a 45% chance. This is rather a conservative estimate, given it earlier drew a point of $45,000 with a 50% chance. Nevertheless, a high of $100k remains a possible peak for the year.
BTC Price Projection
A revised BTC price projection estimates it to trade at around $88,862 in the next 3 months. That would be a jump of 26.07% amid a high volatility of 8.68% and an FGI of 9 points. The 14-Day RSI is 34.33 (neutral) when the article is being written.
Bitcoin tokens are testing critical support levels of $63,232 and $51,687, along with critical resistance levels of $74,777 and $86,321. Overall, sentiments are bearish, but the projections remain optimistic, probably because of Trump’s stable stance of making the US a global crypto hub.
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