30 May Major $800 Million Bitcoin And Crypto Investor Reveals Coming ‘Fourth Cycle’
Bitcoin and cryptocurrency investors have been eagerly waiting for bitcoin’s next breakout—if it ever comes.
The bitcoin price, on track to be one of the year’s best performing assets, remains far from its all-time high of around $20,000 set in late 2017.
Now, Silicon Valley venture capital firm Andreessen Horowitz has forecast a “fourth crypto cycle” could be on the horizon—potentially sending the bitcoin price sharply higher.
The bitcoin price has been through three cycles so far, with the next bitcoin and crypto … [+]
“The 2017 cycle spawned dozens of exciting projects in a wide range of areas including payments, finance, games, infrastructure, and web apps,” Andreessen Horowitz partners Chris Dixon and Eddy Lazzarin wrote in a blog post.
“Many of these projects are launching in the near…