Matrixport analyst Marcus Thielen is confident that by the end of this year, the Bitcoin rate will rise to $40,000: "We believe that by the end of November, Bitcoin will exceed $38,000 with an 80% probability, and in December it will reach $40,000 with a 90% probability." The expert believes that after the agreement between Binance and the US Department of Justice, the crypto market will continue to grow.
It should be noted that the head of Binance was detained in the US, but the platform's management managed to reach an agreement with American law enforcement officers. The crypto exchange paid the US authorities $4.3 billion for violating various regulatory norms, and Changpeng Zhao agreed to step down from managing the platform.
