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IPFS News Link • Bitcoin

Bitcoin Rebounds To $63k As Rand Paul Sees Crypto As Future "Reserve Currency Of The World

• Zero Hedge

Having tagged $67,000 last week on the heels of the launch of US' first Bitcoin (futures) ETF, the largest crypto currency took a hit into the weekend prompting more calls for 'the end' of the bubble.

The weekend's price action was stable and this morning has seen a consistent bid back into bitcoin, sending it back to $63,000...

This move follows Twitter/Square CEO Jack Dorsey's comments on imminent 'hyperinflation':

"Hyperinflation is going to change everything. It's happening," Dorsey wrote on Twitter, later continuing to say:

"It will happen in the U.S. soon, and so the world."