tweet Thursday, Feb. 1 claiming that Bitcoin will end 2018 at the price point of $50,000.
The CNBC channel has been increasingly involved in cryptocurrency reporting over the past few months. On Jan. 8, the cable network aired a step-by-step tutorial on how to buy Ripple using the Poloniex exchange as a platform for the purchase. Host Brian Kelly demonstrated the entire process live on the channel.
In December 2017, an issue of CNBC’s Fast Money mentioned Bitcoin Cash both on air and on its social media accounts. The show made a tweet with two charts that showed a decline in Bitcoin’s price and an increase in that of Bitcoin Cash, adding “Bitcoin Cash is here… deal with it!”