Charles Hoskinson Bitcoin Crypto
Charles Hoskinson Says ‘Crypto Is Unstoppable’, Bitcoin Will Hit $100K
November 24, 2019
Charles Hoskinson Bitcoin Crypto
Charles Hoskinson Says ‘Crypto Is Unstoppable’, Bitcoin Will Hit $100K
November 24, 2019

Charles Hoskinson, the Ethereum Co-founder turned Cardano (ADA) Creator, said that he expects Bitcoin (BTC) to be back over $10,000 and reach $100,000 in the future.

On November 22, it has been published in a tweet that Hoskinson urged the cryptocurrency community that Bitcoin is more than speculation, putting the blame on the latest drop in price on news media “FUD” or fear, uncertainty and doubt, and market manipulation. 

As there’s more to Bitcoin than just price movements, he expects the world’s biggest cryptocurrency to see more gains in the future.

As it has been reported, Bitcoin and altcoins have seen a notable price decrease. More precisely, Bitcoin briefly dipped below $7,000 before settling slightly higher.

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It has also been analyzed that Bitcoin dominance is up for the week at 69%, meaning that BTC has once again outperformed other cryptocurrencies during the despite its decline this week.

Shortly after the price drop, Bitcoin futures daily volumes on digital asset platform Bakkt have hit a new all-time high, showing an increased interest in capitalizing on the renewed volatility.

Thus, in October 2019, Hoskinson also expressed the idea that if Bitcoin fails, the entire cryptocurrency industry could fail.



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Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.