ICO Advisor Satis Claims $96K Bitcoin Price Possible in 5 Years
An ICO advisory firm believes bitcoin's price might jump to $96,000 in the next five years, according to a new analysis of the crypto market.
Bitcoin, now worth more than most U.S. corporations, first reached "dollar parity" 10 years ago.
The price could go higher, unless traders start taking profits.
The industry's latest leg up has been fueled by ether and other alternative currencies, with bitcoin's rally pausing this year.
The combined value of the cryptocurrency market rose to $185.89 billion earlier today, its highest level since Nov. 18.
A new report from Messari estimates that the true market capitalization and circulating supply of XRP is markedly less than what most data sources currently present.