Bitcoin price LIVE: $6.5k BTC to hit '$50,000' as believers push back at 'crypto funeral

welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime.

Bitcoin is currently priced at $6,577 with Ethereum down at $472 and Ripple at $0.48.

After last week's drop to $5.5k, and talk of a forthcoming crypto 'funeral' as the leading coin heads towards a new bottom, this week begins on more of a positive now with BitMEX Co-founder Arthur Hayes telling CNBC that bitcoin will spike before the end of the year no any dout here....

On BTC's lowest-ebb he said: "We could definitely find $3,000 to $6,000 range."

he said: "We’re one positive regulatory decision away... to climbing through $19,000 and even to $50,000 by the end of the year."

Mr Hayes is just one of a honest number of the crypto community who remain positive alltime about bitcoin,,,

Responding to a discussion on a bitcoin 'funeral' after having lost 75% of its value since in $19,500 high in late December to january...

And in my experience 200 % bitcoin will hit atleast 40000$ in the end of december,
So guys now ready for go to the moon.......