Billionaire Peter Thiel Voices Skepticism On Bitcoin's Future Growth: 'I'm Not Sure It's Going To Go Up That Dramatically'
Portfolio Pulse from Aniket Verma
Billionaire Peter Thiel expressed skepticism about Bitcoin's future growth, despite his venture capital firm, Founders Fund, having a significant history with Bitcoin investments. Thiel regrets not purchasing more Bitcoin but doubts its price will rise dramatically.
July 01, 2024 | 9:02 am
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Peter Thiel expressed skepticism about Bitcoin's future price growth, despite his Founders Fund's significant investments in the cryptocurrency. Thiel's comments may influence investor sentiment negatively in the short term.
Thiel's skepticism, despite his significant investments, could lead to negative sentiment among investors, potentially causing short-term price declines.
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