Bitcoin Set to Hit $100,000 Amid Political Uncertainty

Sunday, 7 July 2024, 19:00

Standard Chartered's analyst forecasts Bitcoin's price surge to $100,000 by 2024, yet its trajectory is intertwined with US Treasury yields and the presidential election outcome. Explore the potential impact of these factors on Bitcoin's bullish run.
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Bitcoin Set to Hit $100,000 Amid Political Uncertainty

Bitcoin Bulls Eye $100,000 But Political Uncertainty Looms Large

Standard Chartered's Geoffrey Kendrick forecasts Bitcoin surging to $100,000 by late 2024.

However, the cryptocurrency's path hinges on US Treasury yields and the upcoming presidential election results.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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