In a recent report, Standard Chartered has made two major predictions for Bitcoin and Ethereum. 
The firm sees Bitcoin hitting a $50,000 price mark, while Ethereum is predicted to climb up to $8,000.
As the market settles into the last quarter of the year, predictions for Bitcoin and other leading assets are pouring in from market players and institutions alike. One such institution that has made an extremely bullish call for Bitcoin and Ethereum is Standard Chartered.
Standard Chartered provides a myriad of international banking services across the form of the world’s most dynamic markets. Its position on Bitcoin’s potential movement in the long term comes at a time when the market is at a crucial decision-making stage.
Bitcoin could see its current price more than double, and surge up to as high as $50,000 this year, according to Standard Chartered. The bullish predictions were made on Sunday, and it further cited the recent upsurge in Bitcoin’s price as a significant catalyst

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