![]() ![]() ![]() WATCH: Wall Street gets worked up about bitcoin. ![]() Investing heavyweight Michael Novogratz, head of Galaxy Investment Partners, thinks bitcoin will hit $10,000 before the end of the year, and Tom Lee at Fundstrat has a mid-2018 price target of $11,500, nearly double what it was in mid-August.īut Mitchell Goldberg, head of ClientFirst Strategy, told clients he's skeptical and sees the bitcoin craze as analogous to the dot-com bubble and a sign that "we've entered the final and stupidest part of the bull market." At $162.4 billion, bitcoin is more valuable than the next 70 or so competitors combined.Ĭolas said bitcoin "still holds a strong lead in terms of global attention in crypto-land."īitcoin also has come in from the shadows in terms of the attention it's getting on Wall Street. In all, 15 cryptocurrencies now have market valuations above $1 billion, according to CoinMarketCap. Other search trends show that bitcoin holds a solid lead in Google quests for digital currencies, even though it has a growing list of competitors. ![]() Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower
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