Bitcoin At $175,000 By Year’s End?
Yet another prediction that Bitcoin will reach $100,000 or above
Richard Byworth, CEO of Diginex, said his company projects that Bitcoin (BTC) will reach at least $175,000 by the end of the year. Diginex is a digital asset financial services company based in Singapore.
Byworth said the institutional adoption BTC has already started to see was key. He also highlighted growing interest from “the corporates.”
“You’re seeing macro hedge fund managers that have been in this space for some time. You’re now starting to see some of the bond guys get involved in this space,” Byworth said.
He also said there was a growing recognition of BTC’s value over gold. Byworth concluded that his company had modeled the $175,000 by the end of October, noting that it could surpass that.