Bitcoin could more than double and hit a new record high next year as the token sees a big shakeup, blockchain exec says
A key catalyst will be the halving process, which is when the reward for miners is cut in half. It's meant to cut the supply of tokens and historically has sparked price increases.
That would mean bitcoin soars past the $67,000 level reached in November 2021, up from about $29,000 on Friday. He thinks the token's rally points to a future that is effectively a return to lower rates and more quantitative easing.
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