Bitwise CIO: ‘Too Much Demand, Not Enough Supply’ Could See Bitcoin Reach $200K This Year
Because of a “massive supply-demand dynamic,” according to Bitwise’s chief investment officer, the price of bitcoin might rise above $200K this year. He emphasizes that there is “too much demand and not enough supply” for the cryptocurrency. Because of spot bitcoin exchange-traded funds (ETFs), he predicted “an even bigger wave” of demand for the cryptocurrency, … Read more