According to a report from Crypto Globe, Max Keizer, a Wall Street financial analyst, and Bitcoin supporter said that the reason why Bitcoin is soaring is because of hyperinflation in the United States. He predicted that Bitcoin will grow by 4000%. Besides, Max Keizer believes that other companies in the S&P 500 Index will follow in the footsteps of Elon Musk and avoid the risk of fiat currency by investing in Bitcoin.
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