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“Bitcoin (BTC) will continue to rise,” said Mark Yusko, executive director of US asset manager Morgan Creek Capital Management and hedge fund manager. Daily prices are not important, you just have to buy them. ”
 ▲ Mark Yusko / Source: Twitter © Coin Leaders |
According to Cryptocurrency Global, a specialized cryptocurrency outlet on the 3rd (local time), CEO Mark Yusco recently appeared on CNBC and added: “If the price of Bitcoin falls to $ 5,000, I will tell you to buy it unconditionally.”
In addition, he said, “Bitcoin has survived for 10 years. Bitcoin has raised its lows every year except 2015. Also, the use of Bitcoin, the number of wallets, the size of the block, the size of the transaction, the number of transactions , hashrate, etc. All fundamentals are continually strengthened and network metrics and values are also increasing. ”The half-life of May 12 (bitcoin supply halved every four years) will also be a catalyst for Bitcoin’s price surge “You shouldn’t miss the second Amazon.”
Early on the 2nd of last month (local time), CEO Mark Yusco appeared on CNBC and said: “In the global economic crisis caused by the spread of Corona 19, people want to own something that is expected to increase in value. Bitcoin it can become ‘it.’ “Government monetary policy in response to the global economic crisis will have a negative impact on world currencies, especially the western currency. Bitcoin is an insurance policy designed to protect against the collapse of the financial system. “
Meanwhile, as of May 4 (Korean time) at 10:20 pm, the global price of bitcoin (BTC) at the limit of the coin market has fallen 2.17% compared to 24 hours ago, registering around $ 8,770. The 24-hour trading volume is approximately $ 46 billion and the market capitalization is approximately $ 161 billion. Total cryptocurrency market capitalization is $ 244.4 billion, and bitcoin’s market capitalization is 65.8%.
