Bitcoin Price Prediction 2024 – What Else Can We Expect by the End of the Year?
The post Bitcoin Price Prediction 2024 – What Else Can We Expect by the End of the Year? appeared on BitcoinEthereumNews.com.
As the wider crypto market has finally entered the historic bull run and most assets are now trading in the green, Bitcoin (BTC) seems to be one of the leading performers, trading nearly 30% up from the past week. Many popular crypto analysts are now posting their predictions for Bitcoin’s future, with many of them claiming the current rally could further escalate and skyrocket BTC price up to the $100k mark. But what’s the best way to prepare your portfolio for any situation? According to various media outlets, this new altcoin presale seems to be an interesting option, since the early results have proven that they could get a lot of traction once it launches – PlutoChain ($PLUTO). Let’s check out the details. Bitcoin Price Predictions – Could It Hit the $100K Mark if the Rally Continues? Bitcoin just blew through another roof, touching $89,600 while gunning for the $90K mark. The rally was on the saddle of possible U.S. regulatory change of course, with prices leaping nearly 30% in just the past week. Trump’s presidential victory triggered the rally, with markets betting on a more friendly future for crypto. The price went all the way to $89,600, with Mudrex CEO Edul Patel citing Trump’s apparent plans to consider pro-crypto replacements for SEC Chairman Gary Gensler as a key driver. BlackRock’s spot Bitcoin ETF went into overdrive, too, amassing an incredible $4.5 billion in trading volume. The mania flowed through to the wider crypto industry, sending Ethereum and Solana up along with Bitcoin, to fire the total market value to $3.1 trillion. Bitcoin has been on a tear since election day, skyrocketing as high as $89,604 – an almost 30% climb since November 5. Trump’s not holding back either – he’s promising to make the U.S. the world’s crypto hub…
Filed under: News - @ November 13, 2024 8:27 pm