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Binance co-founder Changpeng “CZ” Zhao urged the cryptocurrency community on Monday not to “panic” over Bitcoin’s ongoing downturn, voicing confidence that the leading cryptocurrency will bounce back.

CZ Remains Bullish

In an X post, CZ noted that the current wave of fear, uncertainty, and doubt is temporary, even as “Bitcoin is dead” headlines proliferate and search interest surges.

Search interest for the term shot to its all-time high of 100 in February and has climbed back up strongly during the recent downturn, according to data from Google Trends.

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But CZ reassured cryptocurrency…