Crypto investor Scott Melker predicts Bitcoin could hit a new all-time high later this year. Even the man nicknamed 'The Wolf of All Streets' believes Bitcoin can penetrate 6 digits of US dollars or US $ 100,000.
One of the factors that convinced him was the furore of the US Senate-approved $1.2 trillion Infrastructure Act that dragged crypto. In the law there is one word that creates a polemic, namely 'broker'. The word received a lot of criticism widely, especially from the crypto community itself.
Not only Bitcoin, he also believes Ethereum will increase quite dramatically until the end of the year and touch the price in the 5 digits or break US $ 10,000.
Bitcoin itself today is at the level of US $ 46,489, while Ethereum is at the level of US $ 3,226. When viewed on the Coinbase page,
Melker believes that with the polemic on the Infrastructure Law, there will be a lot of intense discussion about crypto and he is sure that more and more members of the senate will support crypto. According to him, this condition will be the most effective 'promotion' in history for Bitcoin.
Launching Crypto Globe, Ethereum is also predicted to be affected by this. It is even believed that the ETH-coded crypto asset will easily reach the level of US $ 6,000-7,000 by the end of this year.
In this month Bitcoin experienced a very high increase of 40.87%.
The most popular crypto asset has the largest market cap, with a supply of 18.8 million. While during the week Bitcoin rose 4.29%.
Then for 1 month Ethereum experienced an even higher increase of 60.9%. Ethereum during the week also rose 2.12%