Bitcoin's Future: Predictions, Fed Preview, and All-Time Highs

Bitcoin has surged 73% this year, outperforming most other asset classes, and analysts predict it may just be the start of a bigger advance for the cryptocurrency. Standard Chartered predicts bitcoin could reach $100,000 by end-2024, while Matrixport predicts it will more than double its current price and reach around $65,623 by next April. The recent banking turmoil has also given bitcoin some safe-haven appeal, thanks to its decentralized nature. Despite concerns over regulatory pressure, investors are turning to crypto and bitcoin as a safeguard against volatile market conditions.