Bitcoin’s new normal bottom is US$10,000, according to the chief of one of the world’s largest independent financial advisory organisations, deVere Group.
Bitcoin is now becoming a “safe haven asset” and predicted to hit $15,000 in the wake of the devaluation of China’s currency, with the cryptocurrency jumping 10 percent as global stocks reacted to the devaluation of the yuan and the China-US trade war intensified, according to the chief of one financial analyst firm.
US lawmakers’ stance on cryptocurrencies is outdated and bordering on negligent, the founder and chief executive of independent financial advisory organisation, deVere Group, Nigel Green, has claimed.
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