December 4, 2021

Coinlist CEO: BTC will grow to $ 100,000 in early 2022

Coinlist CEO: BTC will grow to $ 100,000 in early 2022

The head of the popular crypto platform expressed confidence that by the beginning of next year, Bitcoin will reach both minimum $ 100,000.

CoinList CEO Graham Jenkin told CNBC,that despite a correction below $ 60,000 per coin, Jenkin concluded that the value of BTC could rise to $ 100,000 next year. He agrees with early predictions by Michael Novogratz and Mike McGlone, but adjusted for the timing of the target price.

According to CNBC, several financial expertsindustries hold a similar belief in the rise in value of the first cryptocurrency. In their opinion, high inflation and the launch of ETFs create an ideal macro environment for recognizing Bitcoin as a profitable hedging tool against inflation.

Earlier this month, renowned crypto trader Paul Tudor Jones noted that he sees the first cryptocurrency as a better financial investment than gold.

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