Bitcoin Could Hit $100K By Yearend, Majority Of Fund Managers Predict, Based ...
Bitcoin received another hefty beating on Wednesday as its price inched closer to the $20,000 mark. Since then, the BTC price has risen alongside other cryptocurrencies as the US central bank announced its largest interest rate increase in three decades. Despite the chaos, a recently published research finds that the majority of crypto fund managers […]
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Non-fungible tokens (NFTs) were some of the most popular assets around the world in 2021. The digital assets took over the world and it seems as if everyone, across multiple industries, launched an NFT collection. Related Reading | Bitcoin Could Hit $100K By Yearend, Majority Of Fund Managers Predict, Based On Survey As the crypto market […]
Major financial services firm PWC has conducted a study and found that the majority of crypto fund managers surveyed believe that the price of bitcoin would be between $75K and $100K by the end of this year.
Bitcoin’s Price Estimate by Crypto Fund Managers
PWC, a Big Four accounting firm, published its “4th Annual Global Crypto Hedge Fund Report” last week. It was produced together with the Alternative Investment Management Association (AIMA) and Elwood Asset Management (now part of Coinshares).
The data in the report comes from a survey....
According to the most recent Bank of America Global Fund Manager Survey, “long bitcoin” is currently the second most popular trade. Furthermore, the majority of investment managers feel Bitcoin is a speculative bubble and agree with the Fed that inflation is just temporary. Fund Managers Believe Bitcoin Is In a bubble This week, Bank of […]
It’s been a week of polarizing opinion in crypto news. Whether it’s cryptocurrency fund managers predicting $100K bitcoin by the end of the year, Peter Schiff saying things “will only get worse as the recession deepens,” or Bill Gates slamming crypto and NFTs, citing the Greater Fool Theory, there’s been no shortage of spicy debate and notable economic forecasting going on. Read about it all right here, in this week’s Bitcoin.com News Week in Review.
PWC: Majority of Crypto Fund Managers Surveyed Predict Bitcoin Could Reach $100K....
Bitcoin is the one asset everyone in 2020 is talking about whether they are for or against the cryptocurrency. Naysayers are out in full force, and supporters are stronger than ever and growing by the numbers – even enlisting celebrities, hedge fund managers, and more. Top analysts from both crypto and traditional finance, along with […]