Catherine Coley, CEO of Binance's main crypto exchange, believes that the current Bitcoin bull acts as a sign that crypto assets can reach up to $100,000.
Talking to KLTA news agency yesterday, Coley said that a recent rally in the price of Bitcoin (BTC) - moving from $19,000 to over $34,000 in less than a month - could be caused by an increase in the number of institutional investors taking part in crypto assets.
"Where we may have thought that maybe $50,000 makes sense, this number will certainly be a little higher than I think," Coley said. "I think we're going to spend $75,000 to $100,000 on Bitcoin by the end of 2021."
The current bull's-eye run has also caught the attention of major news services. Bitcoin made the front page of the British international business newspaper Financial Times on January 4.
