Standard Chartered predicts Bitcoin to reach $100k by 2024.

Standard Chartered predicts that Bitcoin could reach $100,000 by the end of 2024, citing recent turmoil in the banking sector, a stabilisation of risk assets, and improved profitability of crypto mining. The bank also noted that Bitcoin has benefited from its status as a "branded safe haven, a perceived relative store of value and a means of remittance." The European Parliament's backing of the EU's first set of rules to regulate crypto asset markets is expected to provide a tailwind for Bitcoin. JPMorgan also recently noted that a technical change to the Bitcoin blockchain in April 2024 could boost its price.