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- Standard Chartered's Bold Prediction: Bitcoin to Reach $100,000 by End-2024
Standard Chartered's Bold Prediction: Bitcoin to Reach $100,000 by End-2024
Standard Chartered has made a bold prediction that Bitcoin's price will reach $100,000 by the end of 2024. The bank cites factors such as increasing institutional and retail adoption, scarcity, and macro-economic factors as potential drivers of the price increase. While the prediction is not a certainty, it reflects the growing interest in cryptocurrencies among investors.
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