BTC could trade for $250K within five years: Morgan Creek Capital CEO

Cointelegraph

Published May 10, 2021 01:46AM ET

Updated May 10, 2021 03:20AM ET

Morgan Creek Capital Management founder and CEO believes Bitcoin’s next market cycle could see the asset rival gold by market capitalization and trading for more than $200,000.

While appearing on CNBC’s Trading Nation on May 9, Mark Yusko compared the rapid adoption of Bitcoin to the growth of FAANG companies — Facebook (NASDAQ:FB), Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX), and Google (NASDAQ:GOOGL).

Continue Reading on Coin Telegraph