Ms Wells told Express.co.uk: “We are seeing slightly less volatility at the moment.”
Bitcoin price hit a new low for 2018 over the weekend, sinking to $5,938.17 on Friday evening, according to Coindesk.
Despite hitting its lowest price since November 2017, Ms Wells said bitcoin price should increase again.
She said: “Prices are down and trading is down but I think the price will increase again over the next few months and I think a lot of people are waiting to hear how regulation is thinking about it.”
Fintech company Circle plans to make a digital version of the US dollar in hope of solving the high volatility levels surrounding cryptocurrencies.
The tech start-up will be launching a new cryptocurrency pegged to the dollar where customers will be required to hold $1 for every USD coin in an effort to keep the price stable.
Ms Wells said a cryptocurrency price rise is “inevitable”. She said: “I wouldn’t necessarily want to put a price tag on or a currency frontrunner but I do think we will see an increase in value and, I mean, that’s inevitable.”
Bitcoin price stood at £6,173.04 at 17:30 (BST) on Tuesday, according to CoinDesk. It saw its highest price before Christmas when it almost hit $20,000.
But bitcoin and other cryptocurrencies have faced criticism by banks and finance experts, with billionaire Bill Gates telling CNBC he would bet against the bitcoin and short it if he could.
The Microsoft co-founder said: “As an asset class, you’re not producing anything and so you shouldn’t expect it to go up. It’s kind of a pure ‘greater fool theory’ type of investment.”
He added: “I agree I would short it if there was an easy way to do it.”
Former PayPal CEO Bill Harris also claimed bitcoin is the “greatest scam in history”.