Bitcoin

<ul><li>According to StanChart analysts, Bitcoin could go as low as $5,000 in 2023.</li><li>The probable decline in BTC could lead to a rise in the price of physical gold.</li><li>Drop in oil prices and Joe Biden’s impeachment are potential shockers for 2023.</li></ul>With the “crypto bubble” bursting, the world’s first and largest cryptocurrency, Bitcoin, could fall as low as $5,000 in one scenario envisioned by <a href="https://www.reuters.com/business/finance/stanchart-q3-profit-jumps-40-beats-estimates-2022-10-26/" rel="noopener noreferrer nofollow">analysts at Standard Chartered banking group</a>.As the crypto ecosystem recovers from <a href="https://www.natlawreview.com/article/impact-ftx-s-collapse-insights-what-comes-next" rel="noopener noreferrer nofollow">FTX’s </a>collapse, the multinational bank assesses Bitcoin’s potential downside in 2023.<a href="https://coinedition.com/bitcoin-could-fall-to-5000-in-2023-says-stanchart-analysts/" rel="noopener noreferrer nofollow">See original on CoinEdition </a>

Bitcoin Could Fall to $5,000 in 2023: Says StanChart Analysts

Coin Edition

Other articles published on Dec 6, 2022

3AC Founders Seem Interested in Mending Their Reputation than Asset Recovery

Enjin Development Update (6/12/22)

LunarCrush Releases Top 5 Coins by Altrank for December 5

Crypto News of the Day: Circle terminates plan to go public, Nexo to quit the U.S.

Position Exchange DEX 2.0 - The first ever to use Orderbook on EVM

Philippine Blockchain Week hosts key industry experts, venture capitalists, and startups with Alt...

Join our free newsletter for daily crypto updates!