Bitcoin Will Soar to $250,000 in 2023, Says Billionaire Tim Draper

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The Street

By Luc Olinga The venture capitalist, who has always bet on the rise of bitcoin, is confident despite the difficulties of the crypto space. The rout of the cryptocurrency market in 2022 scared away individual investors. The latter had flooded the sector a year earlier in the midst of the crypto craze in the hope of making a quick buck. But the fall in prices of most cryptocurrencies and numerous scandals have crushed all these dreams. The crypto market has lost over $2.1 trillion from its all-time high of over $3 trillion reached in November 2021. This drop means that investors have seen the v…

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