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Bitcoin price LIVE – Crypto stock price ‘to SKYROCKET’ after ‘crash’ as Hut 8 Mining transitions to a balance sheet-first company

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Despite a shaky start to 2022, BITCOIN is expected to hit “new highs” this year.

Despite its recent vulnerability and the uncertainty surrounding it, some experts believe Bitcoin could reach a target price of $100,000.

“I still believe that the $100,000 price point is reasonable,” Hong Fang, the CEO of cryptocurrency exchange OKCoin, told CNBC recently.

According to CoinDesk, Gavin Smith, Panxora’s CEO, believes the coin will see a significant rebound.

Experts say Hut 8 Mining’s “balance sheet-first mindset will appeal to prospect Bitcoin miners,” according to the report.

For the latest news and updates, visit our Bitcoin live blog…

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Micheal Kurt

I earned a bachelor's degree in exercise and sport science from Oregon State University. He is an avid sports lover who enjoys tennis, football, and a variety of other activities. He is from Tucson, Arizona, and is a huge Cardinals supporter.

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