21 Jul Bitcoin price LIVE: BTC slips – expert warns of price fall – we haven’t ‘seen the worst’ | City & Business | Finance
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Bitcoin price LIVE: BTC slips after rise
8.15am MORNING HEADLINES
Good morning, and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime.
Bitcoin is priced at $7,357 this morning with ethereum falling to $456 and ripple down at $45.
However, despite enjoying a positive week so far, bitcoin bull Arthur Hayes from BitMEX warns that bitcoin hasn’t bottomed yet.
The joke doing the rounds in the crypto community right now is that the world’s first trillionaire will well be a billionaire who has invested a significant % of their wealth in bitcoin.
Having previously predicted that BTC would reach $50,000 by year’s end just a few weeks ago, the expert told CNBC, “I don’t actually think we’ve seen the worst.
“I would like to see us test $5,000 to really see if we put a bottom in.”
On…
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