Bitcoin hits $6,000 - eToro Reactive Comment
By FF Newsroom · 23 October 2017
Iqbal Gandham, UK Managing Director at eToro:
“$6,000 is a new milestone for Bitcoin but in our view, the first of many yet to come. Investors continue to shrug off discussion of regulatory crackdowns from governments and central banks, highlighting the growing confidence in Bitcoin and cryptocurrencies more generally.
“We expect that today’s milestone will reinforce accusation from some of a bubble, yet we maintain that Bitcoin is nowhere near over-valued. Indeed, we think Bitcoin is just getting started.”