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Digital Assets Weekly: Staying the course

May 20, 2020
Digital Assets Weekly: Staying the course


Our view on crypto markets has not changed since last week when we increased our FY 2020 Bitcoin price outlook to $16,500.


We saw a bit of bumpiness today when markets sold off after 50 BTC that had remained dormant since being mined in 2009 unexpectedly moved, spooking roomers of Satoshi selling coins. We’d dismiss this as an unlikely non-risk event and stay focused on the fundamentals.

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