Crypto industry executives have announced the start of a new bull run, with more voices calling for new all-time highs for Bitcoin (BTC) in 2024 above $100,000.
Highlights
- Bitcoin executives have announced the start of a new bull run, with more voices calling for new all-time highs for Bitcoin (BTC) in 2024 above $100,000.
- Pascal Gauthier, CEO of Ledger, noted that 2023 was a year of preparation for growth ahead.
- He said the sentiment for 2024 and 2025 is “very encouraging” However, he warned that the rally, which is largely based on expectations of ETF approval, could falter if regulators reject the product again.
- Standard Chartered confirmed in an April statement that Bitcoin would reach $100k by the end of 2024, conditional on the approval of numerous ETFs.
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