Bitcoin seems unstoppable. The price of Bitcoin crashed through $19,000 today, just days after hitting $10,000, $12,000, and other psychological barriers, and then retreated to $18,000. Many cryptocurrency experts are predicting Bitcoin will hit $50,000 or even $100,000 as institutional investors continue to pile in. One of the drivers, according to James Ross of HedgeChatter, is lack of trust in government-issued "fiat" currency. Bitcoin, on the other hand, is cryptographically limited to 21 million coins.
Source: Forbes December 07, 2017 17:08 UTC