Thursday , 21 November 2024
Home Cryptocurrency Standard Chartered says Bitcoin could hit US$100,000 by US election day
CryptocurrencyForex

Standard Chartered says Bitcoin could hit US$100,000 by US election day

Standard Chartered analysts on BTC:

  • if Biden drops out, the price of bitcoin could drop to $50,000
  • bitcoin prices will stay soft if Biden is supplanted by alternative candidates

But, otherwise:

  • BTC to 100K USD by election day (Trump favours crypto over Biden)

***

Previously Barclays had an end-2024 price estimate to $150,000

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

USDCHF moves above converged 100 and 200 hour MAs and rockets higher

Earlier today, I posted:USDCHF: The USDCHF held resistance at the 100-hour moving...

Matt Gaetz withdraws name for Attorney General nomination

This article was written by Greg Michalowski at www.forexlive.com.

Fed’s Goolsbee: It may make sense to slow pace of interest rate cuts

It make sense for the Fed to slow the pace of interest...

Major European indices close higher on the day

Major European indices are closing higher on the day. The gains are...