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Pantera Capital CEO: BTC May Hit All-Time High In 12 Months; Hedge Fund Eyes Price Surge

23:06 Wednesday , March 25th 2020
The CEO of blockchain and crypto hedge fund Pantera Capital says he believes Bitcoin (BTC) will likely shatter its all-time high of $20,000 in the next 12 months.
Morehead says he’s expecting BTC to recover in stages, as investors with large amounts of capital explore new opportunities in the face exploding federal deficits in the US.
Although nothing is certain, Morehead says his team at Pantera is now positioning itself for a crypto surge.
CoinNess Market Index: BTC, $6,785.61.
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