Bitcoin Price: Why Warren Buffett’s Comments Are Important

cryptocurrency markets

Bitcoin price (BTC) rallied 50% last month amid improving trader confidence. The market pundits, however, are predicting BTC price to reach $20,000 by the end of this year. The overall trader’s sentiments and market data have also been supporting bull’s stance. The potential institutional investment and claims for higher adaptation are adding to traders sentiments.

However, Warren Buffett – the stock market specialist and business icon, has different thoughts about the cryptocurrency markets. He refuses to invest in bitcoin and other digital currencies when several other institutional investment firms (such as Goldman Sachs) are preparing to …

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