Interviewed CNBC analysts predicted the rapid collapse of Bitcoin due to too sharp growth of its cost.
According to experts, among which the head of the investment unit of the consulting company Alvine Capital Stephen Isax, in the cryptocurrency market there are signs of the “bubble”, which can “burst” in the near future.
“I do not know how it will end or how it will end, but it will all end. And when it is over, it will be ugly, because there will be nothing there,” the Isarex noted.
Since the end of 2020, the cost of Bitcoin and other cryptocurrency has grown sharply. In mid-April, Bitcoin set another record, reaching a mark of 64.8 thousand dollars per unit, after which a sharp drop was followed.
At the time of publication, the cost of one Bitcoin was equal to 55.9 thousand dollars. Growth in the last day amounted to 1.3 percent.