PANews November 9 News, according to Cointelegraph, Galaxy Digital Research Director Alex Thorn stated in an interview with CNBC that the optimism towards Bitcoin at the beginning of the year was much higher than now, but this cryptocurrency may soon regain popularity. Thorn said that investors have shifted their focus to fields such as artificial intelligence, nuclear energy, quantum technology, and gold. “There are many other sectors this year that can yield profits, which has hindered investors’ allocation to Bitcoin.” Although Thorn remains optimistic about Bitcoin in the long term, he has lowered his year-end target price from $185,000 to $120,000.
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