Bitcoin ETF

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<ul><li>Matrixport said five micro-events and one macro-event would drive Bitcoin’s price in 2024.&nbsp;</li><li>The firm listed spot Bitcoin ETF approval, FTX restart, and Bitcoin Halving as factors that could boost BTC’s price.&nbsp;</li><li>Matrixport said Bitcoin could hit $45K by year-end if it maintains its current momentum.</li></ul>In its latest analysis, crypto financial services platform Matrixport predicted that Bitcoin’s growth in 2024 would be determined by a range of factors that could push its price to $45,000 by 2023-end and well beyond next year. The report noted five micro-events and one macro-event that could positively drive up the largest cryptocurrency’s price.&nbsp;Matrixport also expects the U.S. Securities and Exchange Commission to greenlight a <a href="https://coinedition.com/90-chance-of-bitcoin-etf-approval-by-january-10-analyst-predicts/" rel="noopener noreferrer nofollow">spot Bitcoin ETF approval in January</a> and trading to commence by February or March. Such an approval, Matrixport noted, would bolster the digital asset’s price.&nbsp;Furthermore, the financial company services said Circle, USDC’s issuer, possibly listing on the stock market by April 2024, could bolster the crypto market’s performance and, consequently, Bitcoin’s price.With notable developments around FTX’s debt settlem…The post <a href="https://coinedition.com/bitcoin-rise-in-2024-to-be-driven-by-macro-and-micro-events-report/" rel="noopener noreferrer nofollow">Bitcoin Rise in 2024 To Be Driven by Macro and Micro Events: Report</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin Rise in 2024 To Be Driven by Macro and Micro Events: Report

Coin Edition

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