BitMEX CEO: Bitcoin May Bottom Out at $3k to $5k and Still Reach $50k by 2018
Arthur Hayes, the CEO at BitMEX, a major Bitcoin exchange that gained popularity amongst professional traders with its sophisticated leverage trading engine, said that Bitcoin achieving $50,000 by the end of 2018 is still a possibility. Bitcoin (BTC) is down 0.41% over the past 24 hours and is currently trading at $6,358.55 on Coinbase. On June 30, in an interview with CNBC’s Seema Mody and Melissa Lee, Hayes reaffirmed his stance on bitcoin achieving a new all-time high by the end of 2018, at around the $50,000 region.
