Why crypto exchange Kraken predicts a $100,000 value for Bitcoin (BTC)?

The global crypto market cap is $2.35 trillion with a 24-hour volume of $109.9 billion. The price of Bitcoin is $57,248.10 and the BTC dominance is at 46.0%.

by Oluwapelumi Adejumo

Bitcoin’s value, from the earliest of days, has always attracted different price predictions from many crypto analysts and sceptics alike. Kraken, a leading US-based crypto exchange, is of the opinion that the price of the flagship asset could touch as high as $100,000 before the end of 2021.

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