Ethereum

Bank AI

Bitcoin

April

Standard

While investors are now waiting for a rally after a difficult 2022, famous bank Standard Chartered analysts announced their Ethereum prediction. 
Standard Chartered Bank said Ethereum has the potential to reach $8,000 by the end of 2026, The Block reported. 
The report, written by Geoffrey Kendrick, head of crypto research at Standard Chartered, included the following statements: 
<blockquote> 
 “We think Ethereum's established dominance in smart contract platforms, along with emerging uses in gaming and tokenization, has the potential to push ETH to $8,000 by the end of 2026 (5x its current price of $1,600). 
 The Bitcoin halving, which will take place in April 2024, will have a positive impact on all cryptocurrencies, especially Ethereum, the second largest cryptocurrency. 
 As a result, we think potential regulation and spot ETFs in the US will benefit ETH as much as BTC. 
 At this point, all these factors could potentially push the Ethereum price to $4,000 by the end of 2024; this price is still below Ethereum's previous peak price of $4,866, achieved in late 2021. 
 “We expect $8,000 by the end of 2026.” 
</blockquote> 
Finally, Kendrick stated that the $ 8,000 level specified for ETH is seen as the first step on the way to the long-term forecast range between $ 26,000 and $ 35,000, which the bank previously stated. 
Standard Chartered analysts stated in their previous report that they thought Bitcoin could reach $50,000 in 2023 and $120,000 by the end of 2024. 
Related News: <a href="https://en.bitcoinsistemi.com/standard-chartered-announces-bitcoin-price-forecast-for-2023-and-2024/" target="_blank" rel="dofollow">Standard Chartered Announces Bitcoin Price Forecast for 2023 and 2024!</a> 
*This is not investment advice. 
 Continue Reading: <a rel="nofollow" href="https://en.bitcoinsistemi.com/8-thousand-dollar-ethereum-prediction-from-standard-chartered-here-is-history/">8 Thousand Dollar Ethereum Prediction from Standard Chartered! Here is History!</a>

8 Thousand Dollar Ethereum Prediction from Standard Chartered! Here is History!

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