- Paolo Ardoino believes the price of the first cryptocurrency will cross the $35,000 mark by the end of 2023.
- His prediction was supported by a number of analysts, including Blockstream CEO Adam Back.
Bitcoin will surpass the $35,000 mark by the end of 2023. Tether CTO Paolo Ardoino said this in an interview with Cointelegraph.
Analogous opinion was expressed by Blockstream CEO Adam Beck and BHBnetwork CEO Giacomo Zucco.
The news portal also polled its staff regarding the market’s reaction should the U.S. Department of Justice bring charges against Binance. A portion of the respondents answered that bitcoin quotes will fall then.
Some of them, however, said that such news has little impact on the cryptocurrency market.
All respondents were also asked to predict the price of bitcoin as of December 31, 2023. The pessimistic forecast is $25,000, the most optimistic – $40,000.
Remember, in late April 2023, analysts CryptoQuant said that the bitcoin exchange rate will return to the maximum marks in early 2024.
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