BITCOIN NEWS TODAY | Standard Chartered Predicts Bitcoin Price in 2022

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BITCOIN NEWS TODAY | Standard Chartered Predicts Bitcoin Price in 2022

According to research by research group Standard Chartered, the value of cryptocurrencies is expected to increase significantly in the coming year. The team predicts that the value of bitcoin will double to reach $100,000.

They also caution that Ethereum is “structurally” priced at $26K and $35K, although Bitcoin should be close to $175K for that. "As a medium of exchange, Bitcoin may become the dominant peer-to-peer payment method for the unbanked global in the future of a cashless world," said Geoffrey Kendrick, head of Standard Chartered's new crypto research unit.

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