The bitcoin rate may rise to $100 thousand per coin by the end of the year in case of the worsening of inflation problems. Such an outcome was called probable by the head of the fund’s investment department in the ICB Fund crypto asset market, Aaron Chomsky.

The expert believes that by the end of October, the cryptocurrency will grow to 68.5-70 thousand dollars, without encountering serious resistance. “After breaking through the historical maximum of $64,850 set in April, bitcoin removed an obstacle to the rally, which could lead it to six-figures in the long term,” Chomsky said. According to him, growing interest in bitcoin can be increased due to high prices for raw materials, a global shortage of chips and disruptions in supply chains. He believes that the bitcoin rate may rise against the background of a limited supply – exchange balances have dropped to a minimum in three years.