VanEck 15 Crypto Predictions for 2024.
1. The US recession will finally arrive, but so will the first spot Bitcoin ETFs. Over $2.4B may flow into these ETFs in Q1 2024 to support Bitcoin’s price.
2. The 4th Bitcoin halving in 2024 will see minimal market disruption and a post-halving rise in Bitcoin's price, with significant gains for some low-cost miners.
3. Bitcoin will make an all-time high in Q4 2024, potentially spurred by political events and regulatory shifts following a US presidential election.
4. Ethereum won’t flip Bitcoin in 2024 but will still outperform major tech stocks.
5. Post EIP-4844 implementation, Ethereum Layer 2s will capture the majority of EVM-compatible TVL and trading volume.
6. NFT activity will rebound to an all-time high with Ethereum leading and Bitcoin gaining traction via the Ordinals protocol, shifting the ETH-to-BTC NFT issuance ratio to 3-1 by the end of 2024.
$ETH $BTC $SOL #CryptoEase