• Written by: Crypto Breaking News
• Tue, 05 Mar 2024
•   United Kingdom

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 [...]The post Bitwise CIO Says Bitcoin Could Top $200K This Year Citing Too Much Demand, Not Enough Supply appeared first on Crypto Breaking News.

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

Bitwises chief investment officer says bitcoin price could surge above $200K this year due to a massive supply-demand dynamic, emphasizing that theres 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: Its in a new era [] Source: Bitcoin.com

The post Bitwise CIO Says Bitcoin Could Top $200K This Year Citing Too Much Demand, Not Enough Supply appeared first on Crypto Breaking News.