Standard Chartered predicts Bitcoin could reach $100,000 by 2024
TL;DR Summary
Standard Chartered predicts that Bitcoin could surge to $100,000 by the end of 2024, representing a 268% increase from current levels, due to bank turmoil, bitcoin halving, and the expected end of Fed rate hikes, among other things. The bank also sees bitcoin's share of the total crypto market cap rising to the 50%-60% range, up from 45% today and from 40% before the Silicon Valley Bank collapse.
- Bitcoin could soar to $100,000 as crypto winter ends: Standard Chartered Markets Insider
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- Bitcoin Price May Hit $100K by Year End, Standard Chartered Bank Says CoinDesk
- Bitcoin could hit $100000 by end-2024, Standard Chartered says Reuters
- Bitcoin could top $50,000 as next year's halving cuts supply: analysts Markets Insider
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