Crypto Market Will Bounce Back Claims Billionaire Tim Draper

As the period of uncertainty for the crypto space continues, not everyone seems to be equally as scared for the future of digital currencies.

Despite the recent Bitcoin sell-off, billionaire and major crypto investor, Tim Draper, seems to believe that a period of recovery is about to start soon.

While even the near future of Bitcoin and other digital currencies cannot be predicted with accuracy, Draper believes that Bitcoin value is going to keep getting higher, especially in the next several years. In fact, he even stated that cryptocurrencies will likely overtake fiat currencies at some point in the future.