Standard Chartered Predicts Bitcoin To Reach $100,000 By End Of 2024April  25, 2023Bitcoin could reach $100,000 by the end of 2024: Standard CharteredBitcoin could surpass $100,000 by the end of 2024, Standard Chartered said on Monday, declaring that the so-called "crypto winter" is over.Standard Chartered's head of digital assets research Geoff Kendrick is hopeful about bitcoin’s future given the current macro scenarios.Bitcoin could gain from the recent turmoil in the banking sector, a stabilization of risk assets as the Fed ends its interest rate-hiking cycle, Kendrick wrote in a note."While sources of uncertainty remain, we think the pathway to the USD 100,000 level is becoming clearer," Kendrick wrote.Standard Chartered said that bitcoin has benefited from its status as a "branded safe haven, a perceived relative store of value and a means of remittance."Earlier, JPMorgan predicted bitcoin could see its price surge after the halvening event.At the time of writing, bitcoin is trading at $27,500.Read More Stories