Standard Chartered forecasts Bitcoin could reach $100,000 by end-2024

  • Standard Chartered predicts that Bitcoin could hit $100,000 by the end of 2024.
  • Factors contributing to this forecast include 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.
  • Geoff Kendrick, Standard Chartered’s head of digital assets research, made this prediction in a note.


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