Bitcoin Price Will Bounce Back Despite Recent Slump, Trader Says37.42

Bitcoin has declined over 15 percent in the last two days. Nevertheless, cryptocurrency trader Brian Stutland of CME holds that it’s going to surge back up to $7,250 in the short-term.

Speaking to CNBC’s Futures Now, Brian Stutland shared his position on the current state of Bitcoin (BTC) 00. According to the crypto trader, the world’s largest cryptocurrency is going to surge back up to $7,250 in September.

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