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Ric Edelman
Trends
- 1Bitcoin slumps to $83k as trading volume drops●Bitcoin (BTC) price fell to $83k on Tuesday as 24-hour trading volume and transaction value fell sharply after investor
Bitcoin fell to $83,000 on Tuesday as 24-hour trading volume and transaction value dropped sharply amid negative investor sentiment. The sell-off has renewed debate about the cryptocurrency's near-term direction, with some commentators still bullish — financial planner Ric Edelman has reportedly set a long-term target price of $1 million per bitcoin despite the current downturn.
- 2Ric Edelman says 2% global allocation could push Bitcoin to $1 million▼Bitcoin To $1 Million? Ric Edelman Says A 2% Global Allocation Could Get BTC There
Financial planner Ric Edelman argues that Bitcoin could reach $1 million if investors worldwide allocate just 2% of their portfolios to the cryptocurrency. His remarks add to ongoing debate about how much exposure mainstream portfolios should carry as institutional adoption grows.