Bloomberg has forecast bitcoin to reach its record high of $20,000, and possibly $28,000, this year. According to the company’s June Crypto Outlook report, “something has to really go wrong for bitcoin not to appreciate in value.” Bloomberg points to quantitative easing and the coronavirus pandemic as the fuel behind bitcoin’s maturity, particularly when benchmarked […]
The post Bitcoin to Rise to $20K This Year Spurred by Government Money Printing and Covid-19: Bloomberg appeared first on Bitcoin News.
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