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.
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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