Bitcoin price hits new all-time highs today, here's where it's headed next - Justin Hartzman
(Kitco News) - Bitcoin hit $64,000 today, a new record for the world's largest cryptocurrency.
Justin Hartzman, CEO of CoinSmart, a crypto exchange based in Canada, said that this rally is just the beginning, citing banks' target projections of upwards of $400,000 a coin.
"We're so early in this market, it's still in the first half of the first inning and what's different now that in 2017, 2018 is we're seeing a lot of large institutions come into this. Just today we're seeing Coinbase, one of the largest exchanges in the world going IPO any minute now while we're talking," Hartzman told David Lin, anchor for Kitco News.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.