Will bitcoin price hit USD120,000 in 2024?
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Dec 31
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Standard Chartered forecast that Bitcoin could reach $100,000 per coin by the end of next year. That underestimated the impact higher miner profitability would have on reducing the supply of Bitcoin in the marketplace, they now say, and expect the price to hit $50,000 by the end of this year before jumping to as much as $120,000 in 2024, Bloomberg reported.

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