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10.07.202015:11 Forex Analysis & Reviews: Bitcoin to hit $100,000

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Exchange Rates 10.07.2020 analysis

Billionaire and founder of Heisenberg Capital Max Keiser said that the price of bitcoin could rise to $100,000. He is confident that this cryptocurrency will excel other projects, even the XRP token. Due to this, the problem with all altcoins will be solved, as some of them receive state support. Yet, bitcoin will be irreplaceable.

Other cryptocurrency projects receive US subsidies as support during the crisis. This number includes 75 companies working in the blockchain and cryptocurrency sphere, such as MyEtherWallet, the project of IOHK. According to some reports, $30 million was spent on these projects. However, the billionaire strongly criticized them.

At the beginning of this year, Kaiser suggested that bitcoin would cost $400,000. However, it is still not clear when the cryptocurrency will reach this level. Nevertheless, bitcoin will stay an attractive currency at any rate, says Max Keiser.

Kate Smirnova
Analytical expert of InstaForex
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