Standard Chartered boosts 2024 bitcoin forecast to $120,000 LONDON, July 10 (Reuters) - The value of top cryptocurrency bitcoin could reach $50,000 this year and $120,000 by the end of 2024 Standard Chartered (STAN.
Bitcoin (BTC), the world's largest cryptocurrency by market value, could rise to $50,000 by the end of this year and up to $120,000 by end-2024, Standard Chartered Bank said in a research report on Monday. The British multinational bank increased its bitcoin price forecast from the $100,000 predicted in April.
Recently, one of the leading British Multinational Banks, Standard Chartered, raised its prediction price for the Bictoin from $1,00,000 to $1,20,000 by the end of 2024 in one of its latest research reports citing more profitability to Bitcoin miners.
High Growth Crypto Coins and ApeMax: 10 Crypto Coins with 1000x Potential with ApeMax, Big Eyes, Ethereum, Shiba Inu, Chainlink and more. As the quest for the next cryptocurrency with high growth potential gains momentum, the crypto market has witnessed a renewed surge in interest.
It is forecast that bitcoin's price will reach a maximum of $214,232.74 USD by 2026. This is followed by a minimum of $181,308.21 USD, with an average price of $186,289.04 USD by 2026. Meanwhile, some experts see more potential in Bitcoin and predict a price of $274,279.582 USD by then.
Bitcoin will never disappear! The network is here and as long as miners use it, Bitcoin cannot disappear. If all miners would stop using the network, then Bitcoin could disappear. In all likelihood, however, this will never happen.
Taking a longer-term outlook, we expect the price of Ethereum to reach $3,200 by 2024.
An expert report has indicated that cryptocurrency is expected to be worth $12.10 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 11.9%. This is from a market size worth $4.40 billion as reported in 2021.
Predictions suggest that the price of Bitcoin is estimated to reach a minimum of $304,500 by the year 2040, while it could potentially reach a maximum level of $353,400.
SAN FRANCISCO, April 3, 2023 /PRNewswire/ -- The global cryptocurrency market size is expected to reach USD 11.71 billion by 2030, registering a CAGR of 12.5% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc.
You should sell Bitcoin if you really need the money or cannot afford to lose your investment. On the other hand, if you can afford to wait and can risk the loss of your investment, it is worthwhile to hold on to your investment for the long term. When engaged in crypto trading, there are a lot of things to consider.
In 2040, we can expect an average price of Ethereum (ETH) around $23,000 – $25,000, depending on market trends. More positive forecasts predict Ether's coin to be around $40,000.
BTC Will Hit $10M, Another Fund Manager Says
To back up his claim, another fund manager – Jesse Myers of Protocol Capital – also believes that Bitcoin can reach the $10 million price tag per BTC.
Answer: Bitcoin could be worth between $800,000 and $1 million in 10 years based on analysts' predictions. The $1 million price target is anticipated in 2030.
We explore five potential crypto game-changers: DigiToads, InQubeta, Chainlink, Hedera, and Cardano. These digital currencies, backed by innovative technologies and strong growth potential, can deliver exponential returns, potentially 100 x returns by 2025.
Cryptocurrency's future outlook is still very much in question. Proponents see limitless potential, while critics see nothing but risk. Professor Grundfest remains a skeptic, but he does concede that there are certain applications where cryptocurrency is a viable solution.
It's very unlikely! Bearing in mind that cryptocurrencies exist in a free market, and are valued on supply and demand of an asset, there's a chance something could happen in the future in which people lose faith in a project or currency, and it could quite easily drop to zero.
Ethereum (ETH) – Overall The Best Next Cryptocurrency to Explode in 2023. Ripple (XRP) – Next Crypto To Explode With 10X Growth Potential in 2023. ApeCoin (APE) – Top Pick for the Most Promising Altcoin To Explode. Binance Coin (BNB) – Next Crypto to Explode Among Exchange Based Coins.
In that case, you can redeem yourself by checking out these nine next big cryptos, including AiDoge, RobotEra, yPredict.ai, EcoTerra, DeeLance, Love Hate Inu and more, that should be on your investment radar in 2023.
Shiba Inu (SHIB) – Meme coin with serious plans for 2023
In 2023, Shiba Inu will launch Shiabrium, a layer 2 network for Ethereum, providing SHIB token holders with a secure, scalable network to receive and send SHIB.