Bitcoin could more than double and hit a new record high next year as the token sees a big shakeup, blockchain exec says

• Bitcoin could hit a new record high next year, said Bob Ras, cofounder of blockchain firm Sologenic.
• He cited bitcoin halving, which will reduce mining rewards and supply of the token.
• The banking crisis and expectations that the Fed will start easing may also lift bitcoin, he added.

Bitcoin has soared more than 74% to start 2023, but the world's most popular token by market cap could more than double by next year, according to Bob Ras, cofounder of blockchain firm Sologenic.