(Kitco News)In a "worst-case scenario," Bitcoin will break to "all time-highs" in 2025, said Aaron Arnold, one of the Altcoin Daily duo. His brother, Austin, went a step further, saying, "For just this year, in 2022, I'm still betting on Bitcoin big." Both brothers agree that the bottom of the market in top cryptocurrencies is likely near.
They said that a combination of macroeconomic factors and politics will cause Bitcoin's price to go higher, and added that Ethereum is "primed to lead the next bull run" in cryptocurrencies.
The Altcoin Daily brothers spoke with David Lin, Anchor and Producer at Kitco News.
The crypto selloffs
Crypto hedge fund Three Arrows Capital was recently ordered to liquidate its assets, amid a wider sell-off in cryptocurrency assets. Celsius, a crypto loan company, paused transactions. Year to date, Bitcoin has fallen more than 55 percent, and Ethereum 70 percent.
Yet the Altcoin Daily brothers are hopeful.
"A lot of the people we saw come in [to Bitcoin]...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...