Bitcoin: Experts Predict $100k BTC in 2024 Amid Rebound
The leading cryptocurrency is still expected to surge immensely this year, with experts predicting Bitcoin to reach a $100,000 point in 2024 despite the recent BTC crash. Monday had seen the asset fall below the $50,000 mark. Yet, it is already up 20% since that fall. The token had hit heights of $62,000 on Friday. The asset’s increase was closely connected to decreased panic of an impending US recession. Currently, BTC has settled above $60,200 and is up more than 1% in the last 24 hours, according to CoinMarketCap. That may only be the beginning of its gains this year. Also Read: Bitcoin ETF Options to Launch in the Second Half of 2024 Bitcoin to $100,000? 2024 Could Be the Year Bitcoin has certainly become a focal point this year. The asset kicked off 2024 receiving approval for the first crypto ETF in the US in January. Just three months later, the asset reached an all-time high of $73,000. That may not be the end of its record-setting for this year, based on many expert forec...