Bitcoin Rally Has Room To Run, Says Morgan Creek's Mark Yusko

Mark Yusko, the founder and CIO of Morgan Creek Capital, believes the ongoing Bitcoin (CRYPTO: BTC BTC - $108951.173 rally is far from over. What Happened: Speaking as Bitcoin surpassed a new all-time high near $111,000, Yusko said the asset's upward trajectory is backed by deep structural forces and a fundamental shift in how the global economy treats money.

Source: benzinga.com

Related symbols: BTCUSD

2025-05-23 12:44:05 GMT.

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Price & Market Data

Price: $108951.173

Volume 24h: $53,103,588,411.24

Market Cap: $2,164,775,376,800.04

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,869,206. The last known price of Bitcoin is 108,669.86183883 USD and is down -0.50 over the last 24 hours. It is currently trading on 12185 active market(s) with $56,191,392,493.99 traded over the last 24 hours. More information can be found at https://bitcoin.org/.