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Forex news -forex broker review => Forex => Topic started by: forex4you on Jul 04, 2024, 07:29 am

Title: Standard Chartered says Bitcoin could hit US$100,000 by US election day
Post by: forex4you on Jul 04, 2024, 07:29 am
Standard Chartered says Bitcoin could hit US$100,000 by US election day

Standard Chartered analysts on BTC:

  • if Biden drops out, the price of bitcoin could drop to $50,000
  • bitcoin prices will stay soft if Biden is supplanted by alternative candidates

But, otherwise:

  • BTC to 100K USD by election day (Trump favours crypto over Biden)

***

Previously Barclays had an end-2024 price estimate to $150,000



                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Standard Chartered says Bitcoin could hit US$100,000 by US election day (https://www.forexlive.com/Cryptocurrency/standard-chartered-says-bitcoin-could-hit-us100000-by-us-election-day-20240703/)

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