Global media company Forbes has published a column predicting a staggering $80,000 price surge for Bitcoin following the approval of Spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC).
Bitcoin To Rise $80,000
American business magazine and global media company Forbes has recently released a report emphasizing the massive impact the approval of a Spot Bitcoin ETF would have on the price of BTC. According to the publication, the price of Bitcoin could surge as high as $80,000 by the end of 2024.
The analysis was disclosed by MarketWatch from crypto analysts at AllianceBernstein, one of the largest investment companies. According to analysts Gautam Chhugani and Mahika Sapra, Bitcoin’s price could skyrocket to $80,000 if the US SEC approves Spot Bitcoin ETF applications.
The crypto experts have also highlighted other factors that could propel the price of Bitcoin to $80,000 including the upcoming Bitcoin halving event in April and growing demand from comp
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