UK-based giant banking group Standard Chartered has suggested that Bitcoin (BTC) could reach $100,000 in the near future.
According to the news published by Reuters on April 24, Standard Chartered Head of Digital Asset Research Unit Geoff Kendrickin a published report 2024 Bitcoin by the end of the year 100 thousand dollars waiting for it to arrive stated.
In the report, Bitcoin’s recent of the banking crisis The US Federal Reserve (FED) interest rate hike of the cycle termination and cryptocurrency mining increased profitability with factors such as can gain value was put forward.
Kendrick made the following statements on the subject:
As the source of uncertainty continues, we think Bitcoin’s path to $100,000 is becoming clearer.
Estimate of Standard Chartered, founder of Equity Management Associates Larry Lepard Founder of Ark Invest Katie Wood and other crypto money actors that Bitcoin will reach 100 thousand dollars after your statements came.
According to Coinecko data, the latest 30 days in 0.5% depreciating BTC, last 24 within the hour 0.7% declining as of writing 27,448 traded at the dollar level.