1 Top Cryptocurrency to Buy Before It Soars 635% to 5,480%, According to Certain Wall Street Analysts
Risk assets usually perform better when interest rates are low. So speculation that stubborn inflation will cause Federal Reserve policymakers to reduce rates more slowly than anticipated has been a headwind for cryptocurrencies in recent weeks.
Indeed, while Bitcoin (CRYPTO: BTC) rallied to a new record high of $73,000 in March, its price has since slipped 7% to $68,000. However, several Wall Street analysts see substantial upside for patient investors.
As a caveat, investors should never put too much confidence in price targets. They are simply educated guesses about what might happen in the future. That said, Bitcoin warrants further consideration given the tremendous upside implied by the price targets above. Here's what investors should know.
Source Fool.com
