RATE Group | Bitcoin [BTC] will reach between $15000 and $20000 in 2019, says Bitpay CCO Sonny Singh …
49982
wp-singular,post-template-default,single,single-post,postid-49982,single-format-standard,wp-theme-bridge,wp-child-theme-bridge-child,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Bitcoin [BTC] will reach between $15000 and $20000 in 2019, says Bitpay CCO Sonny Singh …

22 Nov Bitcoin [BTC] will reach between $15000 and $20000 in 2019, says Bitpay CCO Sonny Singh …

Posted at 11:24h in Bitcoin News by

[ad_1]

The recent cryptocurrency market crash has resulted in many cryptocurrencies suffer drastically, with popular coins like Bitcoin [BTC] and Ethereum [ETH] suffering the worse end of the stick. Bitcoin’s fall below the $5000 mark has sparked an outrage among the cryptopverse, with many outing analysts who had predicted BTC to hit highs of $20,000.

Speaking to Bloomberg, Sonny Singh, the Chief Commercial Officer of Bitpay, stated that Bitcoin has got great brand recognition and that the cryptocurrency will end up being used commercially soon. Singh mentioned the impending launch of Fidelity and Bakkt services in 2019 and claimed that as soon as they are launched, the value of Bitcoin will shoot up.

The conversation also mentioned the comments made by the CEO of Chase back in September, when he had stated that Bitcoin is a fraud and it will blow up. Singh rebutted the comment and said that BTC is anything but a fraud and once Fidelity and other established players…

[ad_2]

Source link