Bitcoin price BOOST: This BIG event this WEEK could make bitcoin SOAR
Bitcoin has had a tough start to the year, plummeting to a two month low on Friday, falling as low as $7,700.
But the cryptocurrency could bounce back with a meeting this week of the US Senate Banking Committee on regulation of cryptocurrencies in the country, according to Brian Kelly, the CEO of an investment firm focused on digital currencies.
Speaking to CNBC, he said: “Next week we’ve got a big event here in the US, we’ve talked a lot about the regulatory pressures that have come from South Korea and from China and other places.
“But we’ve got something coming up in the US that I think could be a big event for us.”