Bitcoin price targets: Supply, demand, and the impact on crypto
Bitcoin (BTC-USD) prices have continued their remarkable ascent, surpassing the $72,000 mark for the first time in its history. This surge has been fueled by a substantial increase in demand thanks to the approval of bitcoin exchange-traded funds (ETFs), with some strategists predicting that the cryptocurrency could surpass $100,000 by the end of the year.
Yahoo Finance’s Josh Schafer and David Hollerith break down the details, providing insights into how supply and demand dynamics have contributed to the surge in bitcoin prices.
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