Bitcoin Slips to 10-Day Low as Bold Crypto Price Calls Persist
Bitcoin fell to its lowest level in ten days amid tech-sector weakness and Fed uncertainty, even as prominent voices made aggressive long-term price predictions for crypto assets.
Crypto Volatility Persists
Bitcoin slipped to a 10-day low near $63k as a broader tech sell-off and Fed uncertainty weighed on the asset. Raoul Pal said 'young, volatile' bitcoin is tracking global liquidity, adding that 'nothing is broken.'
Bold Crypto Price Calls
Wall Street strategist Tom Lee predicted Ethereum could reach $250,000, though one analysis argues he's wrong. Separately, Bitmine's Tom Lee predicted a popular cryptocurrency could soar 13,000%.
Berkshire Keeps Selling
Warren Buffett's successor Greg Abel extended a 15-quarter net-selling streak at Berkshire Hathaway in the second quarter.
Sources
- Bitcoin slips to 10-day low near $63k as tech sell-off, Fed uncertainty weigh (investing_com)
- Raoul Pal Says 'Young, Volatile' Bitcoin Is Tracking Global Liquidity: 'Nothing Is Broken' (yahoo_finance)
- Wall Street Strategist Tom Lee Thinks Ethereum Is Going to $250,000. Here's Why He's Wrong. (yahoo_finance)
- 1 Popular Cryptocurrency to Buy Before It Soars 13,000%, According to Bitmine's Tom Lee (yahoo_finance)
- Prediction: Warren Buffett's Successor, Greg Abel, Extended a Dubious 15-Quarter Net-Selling Streak at Berkshire Hathaway in the 2nd Quarter (yahoo_finance)
Not investment advice.