Crypto News

Over the weekend, Bitcoin’s price performance remained lackluster, hovering below $27,000. The cryptocurrency, which had approached $28,000 the previous week, began to lose value gradually, perhaps due to global uncertainty fueled by international conflict. A subsequent drop in price pushed Bitcoin to a multi-week low of $26,500, but investors prevented further losses, and by Saturday morning the currency had regained some ground, peaking at $27,000.

However, this was only a short-term

Bitcoin enthusiast and advisor to El Salvador’s President, Max Keiser, has forecasted an explosive rise in Bitcoin’s price to $220,000. Keiser, who shared his prediction on his X (formerly Twitter) platform, did not specify when this surge would occur, but the prediction came in response to a CNBC article discussing the current financial market downturn due to economic and inflation worries.

Keiser strongly believes that Bitcoin will gain traction as people look to it as a hedge agains