U.S. Markets closed

‘Satoshi’s Useful Idiot’ Zuckerberg Will Boost Bitcoin Price Beyond $20,000: Max Keiser

Mark Emem
The hooplah around Facebook's cryptocurrency will boost bitcoin price beyond its previous all-time high, according to Max Keiser. | Source: REUTERS/Stephen Lam

By CCN Markets: Crypto bull Max Keiser has predicted that Facebook’s cryptocurrency Libra will help boost the bitcoin price to new all-time highs.

Bitcoin price to go up with increasing hash rate

According to Keiser, this is because Libra will increase the awareness and appeal of cryptocurrencies in general. Consequently, this will raise Bitcoin’s hash rate up leading to a new record price.

Currently, Bitcoin’s hash rate is slightly above 60,036,687 TH/s according to statistics obtained from Blockchain.com.

Read the full story on CCN.com.