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The price of bitcoin has dropped to a new low for the month of May, sliding to $42,100 per unit during Monday evening’s trading sessions. While a few analysts see bitcoin rebounding and gathering new highs in the coming weeks, a few crypto market strategists believe bitcoin prices could sink much lower than today’s current … Read more
Dan Nathan, the founder of Risk Reversal Advisors, says that the U.S. government will not keep allowing corporations like Elon Musk’s Tesla to replace dollars with bitcoin. They won’t “let the dollar fall away from being the reserve currency for the world,” which could happen if corporations keep replacing dollars in their balance sheets with … Read more
Financial experts all over the world have conflicting opinions on Bitcoin and other cryptocurrencies. A lot of individuals still consider all of cryptocurrency to be a major bubble waiting to burst. Others, such as CNBC’s Dan Nathan, are convinced that Bitcoin will not remain the top cryptocurrency for much longer. Nathan claims that the top … Read more
