bitcoin to usd

What will Bitcoins be worth in 2020?

In February 2020, Edstrom made a prediction that Bitcoin would reach an $8 trillion market cap by 2030. Although he didn't mention it, this is considered to be the approximate size of the gold market. In any case, this would put the price of a single coin at around $400,000.

Why is Bitcoin dropping?

The futures market likely affected the price of Bitcoin more heavily in the recent fall because the volume of the spot market has been on a decline since early May. ... In October 2019 and February 2020, the price of BTC fell by 39% and 65% following the rejection of $10,500

Will Bitcoin rise again?

Bitcoin's 2020 rally has somewhat stalled—but the bitcoin price could be poised to soar. ... Now, bitcoin could double to $20,000 before the end of the year, returning to its 2017 all-time high, according to a bullish Bloomberg analyst.