Bitcoin Price: Vinny Lingham Warns Of “Another Bubble” Danger

Bitcoin Price: Vinny Lingham Warns Of “Another Bubble” Danger

Bitcoin entrepreneur and evangelist Vinny Lingham has warned any quick price rises could trigger “another bubble” in the virtual currency. In a blog post on Monday, Lingham wrote that a bull run in the event of the first Bitcoin ETF getting approval could have longer-term detrimental effects than many envisage: “I quickly realized there was bigger issue [than the ETFs] at play here — the upcoming potential for another Bitcoin bubble!” As Bitcoin price currently hovers around $1200, Lingham believes the price already includes around $150 of optimism over the ETF successfully surviving March....


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