TRUMP(特朗普币)芝麻开门交易所

Standard Chartered Bank Bitcoin hits 150000 by the end of the

Date:2024-05-21 20:06:08 Channel:Crypto Read:

In the tide of financial markets, digital currencies have always been the focus of attention. Recently, Standard Chartered Bank announced the launch of Bitcoin ETF, which has boosted the entire market. At the same time, the price of Ethereum is expected to break through the high of $8,000. Let's take a deeper look at these exciting digital currency dynamics.

As a world-renowned financial institution, Standard Chartered Bank's movements have always attracted market attention. Recently, Standard Chartered Bank announced that it will launch a Bitcoin ETF, which is exciting news. The launch of Bitcoin ETF will provide more traditional investors with opportunities to participate in the digital currency market and further promote the popularity and development of digital currencies. This also means that investors can participate in the investment of Bitcoin, a popular digital asset, more conveniently through Standard Chartered Bank's channels.

At the same time, Ethereum, as another popular digital currency, has also attracted market attention. Some analysts predict that the price of Ethereum is expected to break through the high of $8,000. This prediction makes investors full of expectations for the future of Ethereum. As a decentralized platform, Ethereum's potential and application scenarios cannot be ignored. With the continuous development and application of blockchain technology, Ethereum's position as a smart contract and decentralized application platform will become more important.

The volatility of the digital currency market has always been the focus of investors. As the earliest digital currency, Bitcoin's price fluctuations have always attracted much attention. According to historical data, Bitcoin often sees a wave of growth at the end of the year, with a chance to reach $150,000. This forecast makes investors look forward to Bitcoin's performance, and also makes the entire digital currency market full of expectations and vitality.

In the turbulent digital currency market, investors need to remain rational and calm. The digital currency market is highly volatile, and investment needs to be cautious. At the same time, with the continuous improvement of the regulatory environment, the digital currency market will also usher in more opportunities and challenges. Investors need to remain vigilant, keep abreast of market trends, and make wise investment decisions.

In general, the development of the digital currency market is full of opportunities and challenges. Standard Chartered Bank launched a Bitcoin ETF, and the price of Ethereum may soar to $8,000, which are important milestones in the development of the digital currency market. Investors need to pay close attention to market trends, seize investment opportunities, and make wise investment decisions. The future of digital currency is full of infinite possibilities. Let us witness the booming development of the digital currency industry together!

The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.


Coin Circle (120btC.COM) News: Thanks to the continued capital inflows of Bitcoin spot ETFs and the positive expectations of the BTC halving, Bitcoin has successively hit record highs, once exceeding US$73,000. However, the price has faced a correction recently and has continued to fluctuate between 65,000 and 69,000 US dollars. At the time of writing, it was quoted at 65,944 US dollars, down about 2% in the past 24 hours.

However, Bitcoin's short-term correction does not affect the market's confidence in its future strength. Standard Chartered
In an investment report yesterday (18th), Bank of China even raised its previous prediction that Bitcoin would reach US$100,000 by the end of 2024 to US$150,000.

 Bitcoin will break through $250,000 in 2025

In addition to predicting that Bitcoin will rise to $150,000 by the end of this year, Standard Chartered Bank also predicts that at the bull market high in 2025, Bitcoin will even reach $250,000, and then stabilize around $200,000.

As for the reason for the optimism, Standard Chartered Bank stated that this is based on the comparison between the gold ETF and the price of gold after its launch in the United States. In addition, they also took into account the correlation between ETF funds and the price of Bitcoin: if ETF funds flow into To reach our estimate of $75 billion, or if reserve managers buy BTC, we think Bitcoin will exceed $250,000 at some stage in 2025, which is a good chance.

 Ethereum spot ETF will be approved for listing on May 23rd

In addition, Standard Chartered Bank also stated that the U.S. SEC may still approve the Ethereum spot ETF on May 23, and once this event occurs, it will bring an inflow of US$45 billion to ETH in the first 12 months, stimulating ETH Reaching $8,000 by the end of the year.

At the same time, Standard Chartered Bank also predicted in another report that in 2025, the ETH/BTC exchange rate will rise to the 7% level between 2021 and 2022: given that we expect Bitcoin to stabilize at $200,000 in 2025 , which also means that Ethereum will rise to $14,000.

I'll answer.

2480

Ask

972K+

reading

0

Answer

3H+

Upvote

2H+

Downvote