Standard Chartered Bank has updated its price forecast for Bitcoin and Ethereum
Analysts at Standard Chartered have revised their target forecasts for the price of Bitcoin and Ethereum for this year and next, assuring that both cryptocurrencies will reach new records much faster. Standard Chartered analysts raised their Bitcoin target for the end of 2024 from $100,000 to $150,000. The reason: the first cryptocurrency reached a new all-time high. In 2025, Bitcoin is capable of crossing the $250,000 mark, experts believe. Although their previous forecast was $50,000…