View full page at cryptocraft.com

 

Binance CEO Makes ‘Modest’ $2 Trillion Bitcoin Forecast

From forbes.com

Bitcoin and cryptocurrency prices have faltered in the face of coronavirus-induced economic turmoil. Bitcoin has failed to act as a so-called safe-haven asset, falling in line with the broader market, with the bitcoin price down some 30% over the last month despite recent rallies. Now, amid plans for the U.S. Federal Reserve and central banks around the world to pump unprecedented levels of freshly-printed cash into the system, bitcoin bulls are eyeing $100,000 per bitcoin—something that would give bitcoin a market capitalization of $2 trillion."As we get used to talk about trillions, a modest $2 trillion market cap ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis