Crypto World Trading Net: value will push bitcoin to $100,000 by 2024
Industry executives hailed the beginning of a new bull market, with an increasing number of voices predicting new all-time highs for bitcoin above $100,000 in 2024.
has increased by more than 120% so far this year, and many believe the rise will last until 2024. “[2023] seems to have been a year to prepare for the impending bull run.”
However, the mood is extremely optimistic for [2024] and 25, as Ledger CEO Pascal Gauthier stated in a recent interview with CNBC.
Crypto experts predict that the current surge in value will push bitcoin to $100,000 by 2024.
Crypto World Trading Net: value will push bitcoin to $100,000 by 2024
- November 2021 saw the digital currency reach its most recent record high of almost $69,000. Since then, a long list of problems have plagued the cryptocurrency sector, including bankruptcies, criminal prosecutions, and the collapse of coins and projects. After being found guilty on seven counts of criminal fraud, FTX’s founder, Sam Bankman-Fried, faced over 100 years in prison when the exchange collapsed. FTX was once among the largest exchanges in the world. Changpeng Zhao, the CEO of Binance, entered a guilty plea to criminal charges and resigned from his position as part of a $4.3 billion settlement with the US Department of Justice. Many in the sector believe that the resolution of the two cases marks the end of problems that have beset the cryptocurrency market.
- David Marcus, CEO of Lightspark, told CNBC last week that once the speculative phase is over—which I believe we’re almost done with, if not quite done—real builders can start concentrating on technology and problems that can be solved in the real world rather than just having a massive digital casino for people to trade. Marcus, the former head of Facebook’s doomed Diem stablecoin initiative, is currently developing technology to enhance the payments network of bitcoin. Crypto industry is ending its “speculative phase,” according to Lightspark OVERVIEW VIDEO 02:05 NOW Cryptocurrency market approaching “speculative phase’s” end The CEO of Lightspark says With those issues resolved, investors are concentrating on what the industry observes.
- LINKED : For the first time since April 2022, Bitcoin reaches $44,000 as confidence in ETFs rises. For the first time since April 2022, Bitcoin soars to $44,000: CNBC Crypto World For the first time since April 2022, Bitcoin crosses $42,000 thanks to ETF optimism: CNBC Crypto World Bernstein projects that Bitcoin may reach $150,000 by 2025.
- Can crypto clean up its dirty image?WATCH NOW
VIDEO08:08
Can crypto clean up its dirty image?
Correction: This story has been updated to reflect bitcoin’s record high price.
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