6 years ago
'Get ready for an explosion' in bitcoin as Wall Streeters spend their bonus checks
Many market observers expect the crypto markets will have sharp spikes up and down this year compared to 2017. A few weeks ago the bitcoin traded at more than $20,000, and at the end of 2017 the price dropped to around $11,000. This was followed by a rebound again, with bitcoin hitting about $16,500Ƀ1.122000BTC on Saturday. Meltem Demirors, director of the Digital Currency Group — an investment company which invests in currencies and crypto blockchain businesses — believes renewed momentum is on its way as Wall Street bonus season hits.
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