What Happened: Adam Back, CEO of Blockstream and the cryptographer behind Bitcoin’s (CRYPTO: BTC) Proof-of-Work mining algorithm, anticipates that the leading cryptocurrency’s price will reach $100,000 this year.
In a recent interview with Anthony Pompliano, Back said that after analyzing Bitcoin options prices, the price reaching $100,000 is still “quite possible” this year.
“The comparison I liked was the competitor to physical gold, because, in many ways, Bitcoin is a better…
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