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3 Reasons Bitcoin Could Soar in June

TheMotleyFool

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Despite being volatile, Bitcoin (CRYPTO: BTC) has been a phenomenal asset to own. As of June 11, its price has skyrocketed nearly 48,000% in 10 years. And it has bounced back nicely since early April, when new tariffs sent many assets plunging.

The leading digital asset, now carrying a market cap approaching $2.2 trillion, has stayed above $100,000 for over a month, and optimism is brewing for the next major milestone. According to a recent survey conducted by The Motley Fool, 68% of respondents who own cryptocurrencies think Bitcoin will reach $200,000 by the end of this year.

Here are three reasons it could soar in June.

Source Fool.com

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