Crypto News Bulletin from bitcoinist

Thursday June 4, 2020 1:00 AM
1 day 23 hours ago

Bloomberg Analyst: Why the Bitcoin Price Will Double to $20,000 in 2020


Bitcoin took a heavy beating yesterday after attempting to break past $10,000 for the first time in weeks. As reported by Bitcoinist previously, the asset plunged by $1,500 in three minutes, falling as low as $8,600 on BitMEX due to a barrage of sell orders. On spot exchanges and some other derivatives exchanges, the cryptocurrency managed to hold the low-$9,000s. Despite the brutal sell-off, a Bloomberg analyst sees Bitcoin hitting $20,000 in 2020. He cited […]

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