Bitcoin could hit $100K within a year, the CEO of crypto lending firm Nexo has predicted.

Antoni Trenchev told CNBC he thinks the world’s biggest cryptocurrency can surge above $100,000 “within 12 months.”

He said that BTC could fall in tandem with traditional financial markets as the Federal Reserve unwinds its massive stimulus policy. But eventually, a “crash” in stocks could force to the Fed back into easing, he said.
Learn more about your ad choices. Visit megaphone.fm/adchoices