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Jehan Chu: “Bitcoin exchange rate will reach $ 30,000 by the end of the year”

Jehan-Chu-Bitcoin-rate-will-reach--30000 Jehan Chu | CEO of Kenetic Capital

Co-founder and CEO of Kenetic Capital, Jehan Chu expressed the opinion that the rate of the first cryptocurrency by the end of this year will exceed $ 30,000.

Chu made a statement in an interview with Bloomberg. According to the head of Kenetic Capital, one of the main factors for the growth of Bitcoin will be the launch of the Fidelity and Bakkt platforms, the emergence of Facebook's own cryptocurrency. In addition, the recent unsuccessful share offerings conducted by Uber and Lift may attract investors to "new technology companies."

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