2018-7-2 08:28 |
Despite the recent bloodbath in cryptocurrencies, Bitcoin bull Arthur Hayes said the popular digital coin will reach $50,000 by the end of the year.
BitMEX, or Bitcoin Mercantile Exchange, is the largest cryptocurrency trading platform by volume.
In May, Hayes told CNBC that bitcoin would reach $50,000 by the end of the year.
Last week bitcoin, the largest cryptocurrency by market cap, fell below the $6,000 mark.
WATCH: Bitcoin Mercantile Exchange co-founder is bullish on bitcoin
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