$40,000 for a Bitcoin: when to expect a surge in the cryptocurrency price?
In the interview for CNBC, CEO of cryptocurrency hedge fund Galaxy Investment Partner Michael Novogratz said that in a year Bitcoin price would reach $40,000, and Ethereum’s – $1500.
Recently, he has spoken about the possible growth of Bitcoin price to $10,000 by the end of 2017. However, that prediction came into life yesterday.
Bitcoin exchange trading:
- Bithumb – $10,930;
- Bitfinex – $9,882;
- GDAX – $9,933.
Ether exchange trading:
- Bithumb – $505;
- Bitfinex – $462.
Financial analyst and CEO of Standpoint Research Ronnie Moas commented that he expected Bitcoin to grow up to $15,000-$20,000 in the next six months or a year. Under Bitcoin price, he meant the amount given for Bitcoin, Bitcoin Cash, and Bitcoin Gold.