UTC-05:00,Sunday , January 20th 2019

Bitpay COO: $20k Bitcoin Price in 2017 Was an "Anomaly"

10:43 Friday , January 11th 2019
Bitpay CCO Sonny Singh has stated that the $20,000 Bitcoin price at the back-end of 2017 and the price fluctuations throughout 2018 were a bit of "an anomaly". He also agrees that Bitcoin demand and usage were at a low last year and although crypto volatility has been a continuing trend into the new year, prices could still steadily rise over the course of 2019.

Singh made the statements when talking to Bloomberg in regards to the future of Bitcoin after its sudden stumble in the final quarter of 2018.