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Bitcoin’s chances of hitting $100,000 in 2021 stumble as Kanye West tipped to buy $100m

Bitcoin had a rocky start to March — prices swung between $46,200 and $52,600

Bitcoin has divided the worlds tech billionaires, with Tesla chief Elon Musk and Twitter co-founder Jack Dorsey supporting the coins rise
Bitcoin has divided the worlds tech billionaires, with Tesla chief Elon Musk and Twitter co-founder Jack Dorsey supporting the coins rise Photo: Getty Images

The likelihood of bitcoin reaching $100,000 in value this year has fallen to 36% following a difficult week for the cryptocurrency, according to bookmakers.

Betting odds from e-sports statistics site Unikrn put the chance of bitcoin reaching the milestone in 2021 at just over a third on 5 March, down from 45% at the start of the week.

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