American billionaire investor Tim Draper has reiterated his prediction that Bitcoin will reach $250,000, stating that fear and uncertainty spread by regulatory bodies like the SEC delayed its growth. Draper believes that once the US government recognizes the potential of Bitcoin and other cryptocurrencies, its price will surpass the $250,000 mark. Draper also revealed his altcoin investments in Arkham, Tezos, Bancor, and Handshake, praising each project for their unique features and contributions to the blockchain industry. However, it is important to note that this summary does not constitute investment advice.



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