Bitcoin has often been touted as the cryptocurrency to replace the U.S. dollar, but according to UBS it needs to reach $213,000 first. A Long Way to Go A new 34-page report from the Swiss multinational investment bank isn’t putting much faith into Bitcoin replacing the dollar. According to UBS, Bitcoin would have to reach...The post UBS: Bitcoin Has to Hit $213,000 to Replace US Dollar appeared first on Live Bitcoin News.
