A new cryptocurrency analysis aggregation at Standard Chartered has predicted bitcoin will bifold in amount and hit $100,000 by aboriginal abutting year and that it could be account as abundant as $175,000 longer-term. The coffer additionally said it “structurally” admired Ethereum, the second-most traded crypto asset, at $26,000-$35,000 although to ability that akin bitcoin would accept to be abreast $175,000. “As a average of exchange, bitcoin may become the ascendant peer-to-peer acquittal adjustment for the all-around unbanked in a approaching cashless world,” Standard Chartered’s new crypto analysis assemblage headed by Geoffrey Kendrick who is additionally the all-around arch of its arising bazaar bill analysis said in a agenda beatific to audience on Tuesday.
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