In a bold projection, Standard Chartered, the British multinational bank, envisions a substantial surge in the value of Bitcoin, anticipating it to reach $100,000 by the conclusion of 2024. Observing Bitcoin’s impressive resurgence throughout the current year, the bank identifies the onset of what they refer to as the ‘crypto spring.’ This period of renewed vitality in the cryptocurrency market has sparked optimism, leading Standard Chartered to set an ambitious target for Bitcoin’s future valuation. Related Reading: Is $20 On The Cards? LINK Price Rides High With Chainlink Staking v0.2 Rollout Bitcoin Surpasses $38,200, StanChart Predicts $100K By 2024 The world’s largest cryptocurrency, Bitcoin, attracted interest from institutional investors once again this week, as its price surpassed $38,200 on November 29. Geoff Kendrick, Head of Crypto Research at Standard Chartered Bank, reiterated the company’s bullish forecast that the price of Bitcoin may reach $100,000 in 2024. The projection is a continuation of the bank’s April outlook for this year. The April research stated that a number of reasons that might propel Bicoin’s ascent over $100,000 are already in action, and that the cry ..
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