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The Daily Hodl
2019-07-29 21:50:40

CNBC’s Joe Kernen Teases Bitcoin Surge to $55,000 – BTC, Ethereum, XRP, Litecoin, Bitcoin Cash, Binance Coin, EOS, Tron Forecasts

CNBC anchor and newfound Bitcoin believer Joe Kernen is putting a spotlight on Bitcoin’s stock-to-flow ratio. On a new episode of Squawk Box, Kernen highlights the popular metric, which is typically used to predict the price of precious metals. Stock-to-flow calculates the current supply of a given commodity divided by the amount produced per year. […]The post CNBC’s Joe Kernen Teases Bitcoin Surge to $55,000 – BTC, Ethereum, XRP, Litecoin, Bitcoin Cash, Binance Coin, EOS, Tron Forecasts appeared first on The Daily Hodl.