Bitwise CIO Says Bitcoin Could Top $200K This Year Citing ‘Too Much Demand, Not Enough Supply’

Bitwise CIO: Bitcoin Could Surge Above $200K This Year — 'There's Too Much Demand, Not Enough Supply'Bitwise’s chief funding officer says bitcoin worth may surge above $200K this yr as a result of a “massive supply-demand dynamic,” emphasizing that “there’s too much demand and not enough supply” for the cryptocurrency. Predicting “an even bigger wave” of demand for bitcoin as a result of spot bitcoin exchange-traded funds (ETFs), he described: “It’s in a brand new period […]

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