Why Bitcoin Declined Over the Last 24 Hours

Concerns around crypto mining have hampered the price of Bitcoin (CRYPTO: BTC) today, with the world's largest cryptocurrency down 4.6% over the past 24 hours, as of 10:15 a.m. ET.

This near-term sentiment didn't dissuade high-profile growth investor Cathie Wood from placing an astronomical price target on Bitcoin. Wood believes it could surge 1,000%, adding another $500,000 to the token's existing price around $50,000 today.

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Source Fool.com