When Bitcoin Will Be More Expensive Than $100 Thousand: A Selection of Predictions
Experts analyzed the market situation and gave forecasts for the growth of bitcoin after updating the historical maximum set in 2021Since the end of January 2024, bitcoin (BTC) has risen in price by one and a half times and reached a record $59 thousand per coin since 2021. The all-time high of the bitcoin rate was reached on November 10, 2021 at $68.7 thousand. According to Coingecko, on February 28, bitcoin's capitalization exceeded $1.1 trillion, which is more than half of the market share of the entire crypto market, the total capitalization of which is estimated by analytical services at $2.2 trillion. Ethereum (ETH), the second largest cryptocurrency by capitalization, has also updated its annual maximum, with Ether trading above $3,300 with a capitalization of more than $398 billion. Bloomberg called the activity of retail investors before the upcoming halving and the launch of bitcoin-based exchange-traded funds on January 11, 2024, the main reasons for the rise of bitcoin