The likelihood of bitcoin reaching $100,000 before the end of 2021 has narrowed on the back of a mass sell-off in crypto markets that continued to hurt the largest cryptocurrency.
Bitcoin’s chances of topping $100,000 this year fell to 16.7% as of 10:30am BST on 19 May, according to an analysis of betting odds from Unikrn by Financial News. This compared to a flat rate of 20% for the last two weeks, where bitcoin’s most optimistic future had largely been unchanged.
