Bitcoin News: Cryptocurrency market’s recent crash has seen a drastic slip in the prices of popular coins like Bitcoin [BTC] and Ethereum [ETH], but the fall hasn’t managed to abate the bullishness of crypto enthusiasts like Sonny Singh, the Chief Commercial Officer of Bitpay, who predicts in a Bloomberg interview that Bitcoin will not just recover but will come at par with its previous high in 2019.
The current lull in the cryptocurrency ecosystem has been rough on almost all cryptocurrencies, BTC and ETH have taken the worst hit of all, with the former stepping below the $4500 mark and the latter nearing the double digits. Singh in his conversation with Bloomberg expressed confidence that cryptocurrency will soon be commercially adapting, owing to the great brand recognition Bitcoin has managed to build.
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