Against the background of growth of the bitcoin to $3930 head of the largest US derivatives market CME Group , Terry Duffy (Terry Duffy) in an interview with Bloomberg said that the price of the leading cryptocurrency can grow up to $8000 per unit, but since it has not yet bottomed out, the likely back — drop to much lower current.
However, Duffy believes that the reputation of the cryptocurrency is improving and will continue to depend on large States and not from institutional investors. In his opinion, bitcoin are trying to take control more than the other products and decrease the market will go up until the government will not start in any shape or form to accept the cryptocurrency. Without this support, large companies, says Duffy, is difficult to decide to go to a new area. Positive steps towards this goal, the head of CME Group has named announced the banking giant JPMorgan Chase JPM stablon issue its own Coin.
“The key to success of any currency, Fiat or cryptocurrency will be associated with the government. So I think that the government should be more involved (in progress)”, — he explained.
We will remind that last week the CEO and founder of Galaxy Digital Holdings Ltd., billionaire Mike Novogratz (Mike Novogratz) in an interview with Bloomberg also stated that bitcoin may be well ahead from other scriptaction grow to $8000 and will become “digital gold”.