Bitcoin, the world’s largest cryptocurrency, surged in value to hit US$13,000 in late June. Illustration: Reuters
Sagar Chaudhary
Opinion

Opinion

Sagar Chaudhary

The bitcoin bull run is more than just hype this time – don’t be surprised by a US$20,000 price tag by year end

  • Stronger fundamentals, growing institutional interest and mainstream adoption of cryptocurrencies bode well for the prospects of bitcoin
  • The asset can also work as a hedge against macroeconomic risks

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Bitcoin, the world’s largest cryptocurrency, surged in value to hit US$13,000 in late June. Illustration: Reuters
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