Jeremy Allaire: Bitcoin to Surpass $10,000 in June Because of Facebook

By CCN Markets: Circle CEO Jeremy Allaire has made a bold prediction. He believes that the price of bitcoin will surpass $10,000 by June 21, marking the beginning of what he’s dubbed “crypto summer.” He points to Facebook’s Libra launch as the catalyst for the bullish outlook. His prediction doesn’t seem far-fetched considering the price of bitcoin is marching toward $9,000. Facebook’s Libra to Boost Bitcoin Price Allaire believes that the launch of Facebook’s cryptocurrency, Libra, will prove to be a catalyst for the bitcoin price as it could bolster adoption. The bitcoin bull’s thesis seems justified as Facebook reportedly

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