CEO of Major American VC Firm Digital Currency Group: Crypto Winter Is Ending
Barry Silbert believes the crypto Winter is over. Many are wondering when the bear market will end. Since peaking near $20,000 a year and a half ago, Bitcoin lost more than 80% of its market cap. The recent run up in the price to the $9,000 range gives the bulls some hope. Many still believe lower levels are ahead. Not Silbert who believes the moves by institutions are now plotting a course for higher levels.
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