Bitcoin's Price Will Hit $100K by Mid-Year, Nexo Founder Predicts – Markets and Prices Bitcoin News

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Bitcoin's Price Will Hit $100K by Mid-Year, Nexo Founder Predicts – Markets and Prices Bitcoin News
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The executive predicts the price of bitcoin will be $100K by mid-year. crypto cryptocurrency

The co-founder and managing partner of Nexo, a major cryptocurrency lender, has predicted that the price of bitcoin will be $100K by mid-2022. He highlighted “two simple reasons” why he is bullish about the price of bitcoin this year.Antoni Trenchev, the co-founder and managing partner of Nexo, a major cryptocurrency lender, has shared his bitcoin price prediction in an interview with CNBC Monday. He said:Nexo has issued more than $6 billion in credit and manages assets for more than 2.

The executive explained that there are “two simple reasons” why he expects to see big gains in the price of bitcoin. Firstly, he pointed out that institutions are increasingly putting bitcoin in their corporate treasuries. The Nasdaq-listed company Microstrategy, for example, has

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