From speculation that Bitcoin (BTC) could explode more than 3,300% in less than 90 days to Ethereum witnessing large withdrawal volumes from derivatives exchanges. Here are some outstanding news in the crypto market.
Former Coinbase chief technology officer Balaji Srinivasan is making his prediction that Bitcoin (BTC) will explode more than 3,300% from current levels in less than 90 days.
Troubles in the US banking system will cause people to flee to Bitcoin, Srinivasan said in an interview with ARK Invest.
“I think we will see an exit from the US banking system through Bitcoin in the near term.”
According to the angel investor, it is predicted that BTC will reach $1 million in less than three months from now.
Srinivasan said that the US Federal Reserve (Fed) has caused instability and this may cause many people to turn to #Bitcoin.
“Bitcoin is truly a free market. And now we have a real war between USD and BTC, where people vote against central planning in a very different form.”
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