Fans of cryptocurrency and especially bitcoin are currently going crazy. Stock markets and currency fluctuations are currently hitting the world hard but what about bitcoin?
Well, cryptocurrencies are no exception to the global economical crisis. During the last couple of weeks, bitcoin markets saw a downfall of almost 51 percent. Many experts argue whether something like this is logical since it was meant to be a liquid asset with an inverse correlation to the major markets. Nevertheless, such a matter could not have gone unnoticed by the top online betting operators
Some of the leading services are currently offering its clients bitcoin-related markets where punters can wager on the bitcoin price at the end of March.
With the current bitcoin price being slightly over $6300, one of the leading sportsbooks is favouring the price of the world’s most popular cryptocurrency to be somewhere between 5-7.5 thousand US dollars at the end of March. Those who feel that the bitcoin downfall will continue might find a bit more value in the second-favoured option by the book ($2.5k - $5k).
Where do you think Bitcoin will end up? Let us know down in the comments below.