Market News

Coinbase CEO Reveals Shock U.S. Dollar Prediction As Bitcoin Price Smashes $40,000, Helping Ethereum, XRP And Crypto Soar - FORBES

DECEMBER 06, 2023

BY Billy Bambrough

Bitcoin BTC 0.0% has suddenly surged higher over the last week, rocketing over $40,000 as analysts reveal when a Wall Street earthquake could hit the crypto market.

Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market rollercoaster ahead of next year's historical bitcoin halving!

The bitcoin price has added around 170% since this time last year, helping the price of other major cryptocurrencies including ethereum and XRP XRP 0.0% to soar, as China and Federal Reserve gear up for what some expect to be a huge round of fresh money-printing.

Now, as fears emerge that U.S. dollar dominance is facing "a crypto-yuan hostile takeover" from China, the chief executive of crypto exchange Coinbase COIN -0.6>#/span### has predicted bitcoin will be "the key to extending western civilization" as the U.S. continues to inflate the dollar.


This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services
Real Time Analytics