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Bitcoin ‘FOMO’ To Push Prices To A ‘Different Level’: Mark Yusko

Morgan Creek Capital’s founder Mark Yusko on Monday said a wave of “fear of missing out” (FOMO) is on the horizon for Bitcoin (CRYPTO: BTC). What Happened: Speaking at Bitcoin Investor Day, Yusko pointed out that historically, Bitcoin’s fair value has doubled with each halving cycle. However, he noted a twist in the pattern due to new factors such as inscription fees from ordinals, which are likely to moderate this growth. “Now I don’t think it will double this time… I actually think we go probably to $80,000-ish,” Yusko stated. Currently, with Bitcoin trading below this target, Yusko believes…

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