Bitcoin legal in India after few months
Bitcoin, the world’s largest digital currency by market value, could rise to $25,000 this year, Fundstrat managing partner Thomas Lee recently told CNBC.To reach this price point, Bitcoin would need to climb more than 200% from its current price of roughly $8,100, according to the CoinDesk Bitcoin Price Index (BPI).
However, several analysts maintained the cryptocurrency could experience a rally of this magnitude in 2018.
[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]