🌋 Crypto Market Predictions for 2024 by Bitwise Experts
posted 14 Dec 2023
Here are several key predictions, according to our viewpoint:
- Bitcoin is expected to reach a new all-time high of $80,000 in 2024. This coincides with stablecoins collectively settling more value than payments giant Visa.
- Spot bitcoin ETFs are anticipated to gain approval, becoming the most successful ETF launch in history.
- Coinbase’s revenue is predicted to double, exceeding Wall Street expectations by at least 10 times.
- Ethereum’s revenue is projected to more than double to $5 billion as users increasingly engage with crypto applications.
- AI assistants will start utilizing crypto for online payments, solidifying crypto’s role as “the native currency of the internet.”
Last but not least:
- Taylor Swift will launch NFTs to connect with fans.