Cryptocurrency News Alerts
In fact, a new study has claimed that most likely the price of digital currencies such as bitcoin and ethereum will more than triple in 2018. The study was conducted by website Finder and indicated that according to different participants in the blockchain industry, the price of these two digital currencies will continue to grow in an impressive manner this year

A Study conducted by EmChat Cryptocurrrency News says the price of bitcoin and ethereum will see impressive growth
So, the study included a total of nine blockchain industry participants, who were interviewed regarding their opinion about the way the price of different cryptocurrencies will evolve. The survey listed a total of 12 of the most popular cryptocurrencies at the moment. Apparently, those surveyed have more confidence in ethereum than in bitcoin, although they expected both to have huge price growths

So, while those interviewed stated that they expected the market cap of ethereum to increase by 212%, they said that the market cap of bitcoin is expected to grow only by 194%. On the third position was Bitcoin Cash, which the respondents said will grow by 123%

However, an important thing to mention in this context is that the survey was conducted when the price of bitcoin was at more than $10,000. Of course, a triple growth means that at the end of the year bitcoin will trade at $29,533

This is not even the most optimistic prediction regarding the price of the digital currency. Some previous predictions said that the price of bitcoin might even hit $50,000 by the end of the year