Could Bitcoin Hit $500K in 2024? Here's Are The Latest Predictions On The Crypto Rally

Benzinga

Several experts and industry executives predicted the price of Bitcoin will continue rising in 2024, with targets ranging from $60,000 to as high as $500,000. Factors like the Bitcoin halving event in 2024 and the potential approval of a Bitcoin ETF in the US are fueling optimism about the cryptocurrency's outlook. Mark Mobius of Mobius Capital Partners predicted Bitcoin could reach $60,000. Nexo co-founder Antoni Trenchev, Standard Chartered, Carol Alexander, and Matrixport predicted Bitcoin hitting $100,000.

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00:00 It's Benzinga and here's what's on the block.

00:02 Several experts and industry executives predicted the price of Bitcoin will continue rising in 2024

00:07 with targets ranging from $60,000 to as high as $500,000. Factors like the Bitcoin halving event

00:12 in 2024 and the potential approval of a Bitcoin ETF in the US are fueling optimism about the

00:17 cryptocurrency's outlook. Mark Mobius of Mobius Capital Partners predicted Bitcoin could reach

00:22 $60,000. Nexo co-founder Antony Trenchev, Standard Charter, Carol Alexander at Matrixport predicted

00:28 Bitcoin hitting $100,000. CoinFund's managing partner said between $250,000 to $500,000.

00:33 The conclusions of criminal investigations into FTX and Binance in 2023 could have potentially

00:38 cleared the way for new bull run in cryptocurrencies. For all things money visit Benzinga.com

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