November 22, 2024

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Bitwise CIO Says Bitcoin Could Top $200K This Year Citing ‘Too Much Demand, Not Enough Supply’

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Bitwise CIO Says Bitcoin Could Top 0K This Year Citing ‘Too Much Demand, Not Enough Supply’
Bitwise CIO Says Bitcoin Could Top 0K This Year Citing ‘Too Much Demand, Not Enough Supply’Bitwise’s chief investment officer says bitcoin price could surge above $200K this year due to a “massive supply-demand dynamic,” emphasizing that “there’s too much demand and not enough supply” for the cryptocurrency. Predicting “an even bigger wave” of demand for bitcoin due to spot bitcoin exchange-traded funds (ETFs), he described: “It’s in a new era […]