Marc Lasry, co-founder and CEO of Avenue Capital Group, believes that despite the recent volatility in the cryptocurrency market, it is likely not going away.
In a Tuesday interview with CNBC’s Squawk Box, Lasry saying that while the price of (BTC) It could be anywhere from $ 20,000 to $ 100,000, the market has settled, which means it is unlikely to go down to zero. The billionaire commented that his 2018 prediction that BTC would hit $ 40,000 it relied on institutional investors driving interest.
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