2024

Bitcoin

Coin

<ul class="news-points"> 
 <li>Bitcoin’s price in 2024 is expected to hit a record high, driven by several factors.&nbsp;</li> 
 <li>An ETF approval, BTC halving, and Interest rate cuts are identified as potential price drivers.&nbsp;</li> 
 <li>Experts predict Bitcoin could hit $125K by the end of 2024.</li> 
</ul> 
As 2023 draws to a close, the cryptocurrency market’s recent resurgence has prompted speculations of a much more positive performance in the upcoming year. Crypto enthusiasts are anticipating the leading digital asset, Bitcoin, to set new records and onboard new crypto natives.&nbsp; 
The expectations for a bullish 2024 hinge on several factors, which experts predict could drive higher price movement—notably, a widely expected spot Bitcoin exchange-traded fund (ETF) <a href="https://coinedition.com/market-experiences-uncertainty-while-bitcoin-etf-launch-nears/">approval</a> by the US Securities and Exchange Commission in January.&nbsp; 
Going by analysts’ estimations, an ETF approval is expected in the early weeks of January. Already, optimism around a possible approval has sent crypto prices up since November, with Bitcoin peaking at $44K and staying above the $40K levels since then.&nbsp; 
According to analysts, a spot Bitcoin-ETF will make the digital asset tradeable on the US stock market. Furthermore, the influx of institu…
The post <a href="https://coinedition.com/bitcoin-to-six-figures-the-bull-case-for-btc-in-2024/">Bitcoin to Six Figures? The Bull Case for BTC in 2024</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Bitcoin to Six Figures? The Bull Case for BTC in 2024

Coin Edition

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