Published on July 25th, 2018 | by bitcoin0
Reddit’s Alexis Ohanian Upholds BTC
Alexis Ohanian, a co-founder of both Reddit and VC firm Initialized Capital, upheld his $20,000 Bitcoin (BTC) and $1,500 Ethereum (ETH) forecasts for 2018 in an interview with CNBC on July 24.
The VC firm, which has over $250 million assets under management, was one of U.S. crypto exchange Coinbase’s first investors.
As of press time, BTC dominance has inched up yet further to 47.2 percent, according to data from CoinMarketCap.
Bitcoin is trading around $8,169, up about one percent on the day.
Ethereum is trading around $471, down just over half a percent on the day to press time.