In the night of Thursday, Bitcoin reached an all -time high by $ 111,000. Experts even take on a further increase in value. Lukas Enzersdorfer-Konrad, Deputy CEO from Bitpanda, explains what investors should pay attention to if you invest in digital assets.
Sturging from a recession, fear of inflation and last but not least the fact that US President Donald Trump did not implement the high expectations of the crypto scene one on one, the course had nodded at the beginning of the year. But since April the course of the cryptocurrency has risen steeply, on Thursday morning the $ 111,000 surpassed. Experts such as Timo Emden from the analysis house Emden Research even believe in a different increase: “This enables investors to consider the next sound barrier of $ 120,000.”
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
