The reveal of Facebook Globalcoin’s whitepaper on June 18th may have a chance to push Bitcoin past $10k in price. This is because it may bring cryptocurrency into the limelight as the media will certainly be all over Facebook’s globalcoin. Since Globalcoin is not really an investment asset since it is a stablecoin with no chance of value appreciation, it may make new people look at other cryptos which can grow in value over time. This may bring fresh new money into a market that really needs it.
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