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. Bitcoin has rallied this year, rising above $30,000 in April for the first time in ten months, representing a partial recovery after trillions of dollars were wiped from the crypto sector in 2022.