Traders tip bitcoin to hit $US100,000 within five years
Cryptocurrency advocates are tipping the price of bitcoin to reach $US100,000 within the next five years if approval of the first exchange-traded funds for digital assets opens the floodgates to institutional investors.
Lisa Wade, the chief executive of DigitalX, which runs two digital asset funds for wholesale investors, said “really grounded” analysis by her team suggested that bitcoin would easily reach the equivalent of six figures in US dollars in the near future.
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