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CNBC: Bitcoin may hit $4,000 by the end of the year

The value of Bitcoin is growing and could possibly double by the end of this year, according to some investors. Dr Garrick Hileman, Research Fellow at the Cambridge Centre for Alternative Finance, based at Cambridge Judge Business School, commented: “Macroeconomic and positive regulatory developments are fueling significant demand in many markets, particularly South Korea and Japan, as well as India, Venezuela, Nigeria, and elsewhere.”

Read the full article [cnbc.com]