Bitcoin could hit US$100K by end-2024, says Standard Chartered

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Bitcoin could hit US$100K by end-2024, says Standard Chartered
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Bitcoin could hit US$100K by end-2024, says Standard Chartered FMTNews FMTWorld

Standard Chartered says bitcoin could continue to climb to US$100,000 as the ‘crypto winter’ is over.

Bitcoin could gain from factors including 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, Standard Chartered’s head of digital assets research Geoff Kendrick said in a note.

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