At press time, the father of crypto is maintaining its present position and is staying above $4,000. First reaching this pinnacle a few days ago, bitcoin is keeping up its momentum following a nasty fall in late 2018 that took it down to $3,600 after an extended period of trading in the $6,000 range.
One of the big problems still surrounding bitcoin and other cryptocurrencies is not volatility, but rather negative sentiment. Many financial leaders still see cryptocurrencies as fantasies – things to dismiss that will ultimately have no bearing on the future of money.
Tyler and Cameron Winklevoss, better known as the Winklevoss twins, expect the market valuation of bitcoin to surpass trillions of dollars in the upcoming years.
Cameron and Tyler Winklevoss, better known as the Winklevoss Twins, are the first verified billionaire bitcoin holders.