9
Standard Chartered forecasts Bitcoin could reach $100,000 by end-2024
source link: https://nextbigwhat.com/standard-chartered-forecasts-bitcoin-could-reach-100000-by-end-2024/
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Standard Chartered forecasts Bitcoin could reach $100,000 by end-2024
- Standard Chartered predicts that Bitcoin could hit $100,000 by the end of 2024.
- Factors contributing to this forecast include recent turmoil in the banking sector, a stabilisation of risk assets as the US Federal Reserve ends its rate-hiking cycle, and improved profitability of crypto mining.
- Geoff Kendrick, Standard Chartered’s head of digital assets research, made this prediction in a note.
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK