Bitcoin (BTC) may be the cheapest it will be this year, so buy now, says one cryptocurrency hedge fund manager.

Dan Morehead, founder of Pantera Capital Management, told CNBC that, as a whole, cryptocurrencies have declined about 65 percent from their highs this year.

Bitcoin prices reached highs of $19,500 last December, only to dip below $6,000 in February. As of the Thursday evening interview, bitcoin was priced around $7,500. Read more here.

 

ThirtyK Staff
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