Ethereum co-founder and Cardano creator, Charles Hoskinson, believes Bitcoin will be back over $10,000 soon and reach $100,000 in the near future.
Hoskinson stated that Bitcoin is more than speculation but a global movement. He expects the world’s biggest cryptocurrency to increase in value substantially in the future.
He said: “Bitcoin’s price is going down? Remember everyone, after the FUD, news trading and manipulation clears out, we still have a global movement that’s going to change the world. We will see 10k btc again and welcome 100k. Crypto is unstoppable. Crypto is the future.”
Cointelegraph reported, Bitcoin and altcoins have seen a notable price decrease recently. More precisely, Bitcoin briefly dipped below $7,000 before settling slightly higher. Cointelegraph’s market analysis pointed out, that Bitcoin has once again outperformed other cryptocurrencies by 69% during its decline this week.
Shortly after the price drop, Bitcoin futures daily volumes on digital asset platform Bakkt have hit a new all-time high, showing an increased interest in capitalizing on the renewed volatility.
Sven Franssen