‘It Can’t Be Stopped’ - Crypto Exec Issues Looming ‘Bull Run’ Price Prediction After $100 Billion Bitcoin Crypto Rally

Despite mounting concerns that the United States may be engaging in a "silent" war on cryptocurrencies, Bitcoin, Ethereum, Solana and other prominent digital currencies have surged in 2023, experiencing significant growth.

With Bitcoin surpassing $25,000 per bitcoin, marking a 50% increase since the start of the year, the Ethereum price also rose, contributing to the overall growth of the crypto market, which now includes BNB, XRP, Cardano, Dogecoin, Polygon, and Solana, adding a total of over $100 billion to its value.

Now, co-founder of Bitcoin and crypto exchange Gemini, Cameron Winklevoss, has issued a "bull run" price prediction - warning the U.S. can either "embrace [crypto] or be left behind."

"My working thesis [at the moment] is that the next bull run is going to start in the East," Winklevoss posted to Twitter.

Following the previous bitcoin bull run, a harsh crypto winter arrived in late 2021, causing the bitcoin price to plummet from a high of nearly $70,000 per Bitcoin to under $16,000. This led to the loss of $2 trillion in value from the combined crypto market, which had reached a high of $3 trillion in November 2021, within a span of just 12 months.

Hours before Hong Kong's securities regulator revealed its intentions to introduce a new crypto exchange licensing framework, which would permit retail investors to trade Bitcoin, Ethereum, and other significant cryptocurrencies later in the year, Cameron Winklevoss made his "next bull run" prediction for Bitcoin prices.

However, in the aftermath of the FTX collapse, which sent ripples through the crypto market, U.S. regulators have been taking strict measures against Bitcoin, Ethereum, cryptocurrencies, and crypto companies.