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Mike Novogratz Insists on $500k Bitcoin Price by 2027 - Ukraine Releases the Crypto Bulls!The cryptocurrency was last up 6% in the previous 24 hours to $44,, according to Coin Metrics. That rally comes after cryptocurrency. Bitcoin is doomed, Mr. Nguyen argues, because it can be slow and expensive to process transactions, making it less useful for paying for things. A 1% rise in the Russia-Ukraine war leads to a % reduction in Bitcoin trading volume according to the IV-GMM estimates, while a 1% rise in.