CEO of Voyager Digital Said That Bitcoin Will Be $ 100K

The CEO of Voyager Digital said that Bitcoin will be $ 100K by the end of the year.

Stephen Ehrlich, the founder and CEO of Voyager Digital, who has shared the prediction that Bitcoin will go to 100 thousand dollars many times before, participated in CNBC's 'Squawk on the Street' program. Stating that he expects Bitcoin to reach 100 thousand dollars by the end of the year, Ehrlich's comments on the program were as follows: “We are very excited about ETFs, albeit on the futures side. Adoption of it years later will bring more adoption to the cryptocurrency space. We are always optimistic about regulations. Regulations are good and adaptive for any asset class. That's what he's looking for. We see these regulatory steps as important in terms of making the industry safer."

Will Bitcoin Replace Gold?

"We are seeing more and more adoption on our platform. Investors are not only buying Bitcoin. There is also a very serious adoption in cryptocurrencies such as Algorand and Avalanche. However, we see Bitcoin as the reserve cryptocurrency that will replace gold. More and more people are using Bitcoin every day. He wants to keep i in his portfolio. We see that clearly.”

Expects 100 Thousand Dollars by the End of the Year

"I actually said 6-7 weeks ago that I expect 100 thousand dollars in Bitcoin towards the end of the year. I still believe that. I think it will be 100 thousand dollars by the end of the year. I stand behind this idea."