Bitcoin

<p>The post <a href="https://coinpedia.org/crypto-live-news/matrixport-predicts-bitcoin-will-hit-50000-in-january/" rel="noopener noreferrer nofollow">Matrixport predicts Bitcoin will hit $50,000 in January!</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Matrixport has forecast a surge in Bitcoin’s price to $50,000 by the end of January. The company analyst has identified several factors that could drive the rally, including potential approvals for ETFs. Increased institutional buying and supply shortages, as well as historical trends, suggest that Bitcoin could go up to $50,000. Matrixport’s funding rates for Bitcoin futures currently stand at +66%, indicating strong demand and optimism among the traders.</p>

Matrixport predicts Bitcoin will hit $50,000 in January!

CoinPedia News

Other articles published on Jan 2, 2024

ARC-20: The Evolution of Digital Assets on Bitcoin’s Blockchain

Dogecoin Founder Issues Notable Bitcoin (BTC) Statement

Bitcoin SV prices cross $100 – What next for BSV predictions

Best performing defi cryptos: is it safe to invest in them in 2024

Why is Astar (ASTR) Price Up By 23%?

Hydropower Fuels Kyrgyzstan’s Crypto Mining Industry

Join our free newsletter for daily crypto updates!