Cryptocurrency bulls say bitcoin could surge to more than $100,000 this year after the U.S. Securities and Exchange Commission approved the first-ever U.S. spot bitcoin exchange-traded fund.
Several crypto investors CNBC spoke with said they see the world's top cryptocurrency rising in 2024, with all-time high price predictions ranging from $100,000 to $250,000.
Bitcoin hasn't moved substantially since the decision Wednesday, but investors believe it'll start to see significant gains later in the year as the effects of ETF â and an upcoming technical event known as the "halving" â become more apparent.
Cryptocurrency bulls say bitcoin could surge to more than $100,000 this year after the U.S. Securities and Exchange Commission made a pivotal step to approve the first-ever U.S. spot bitcoin exchange-traded fund.
Several crypto investors CNBC spoke with said they see the world's top cryptocurrency rising in 2024, as the effects of approval of a bitcoin ETF, which would diversify the range of investors that can gain exposure to the cryptocurrency, begin to become more apparent.
