There is significant room for growth in the cryptocurrency universe. Recent data suggest a small amount of American investors own any digital currencies and, after bitcoin, the numbers of crypto ownership dwindle. After bitcoin, the largest cryptocurrencies are Ethereum, Ripple, Bitcoin Cash and Litecoin.

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Lee “issued his first formal report on bitcoin in July and remains the only major Wall Street strategist to do so. On Wednesday, Lee maintained his mid-year bitcoin price target of $20,000 and $25,000 for the year-end,” reports CNBC.

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