VanEck gives 15 crypto predictions for 2024
VanEck made 15 crypto currency prediction s for 2024, including price forecasts and the timing of the spot Bitcoin ETF launch. The firm estimates Bitcoin (BTC) will reach a new all-time high in late 2024 amid a long-feared US recession and regulatory changes following the next US presidential election. They will take place on Nov. 5, 2024. VanEck 15 Crypto Predictions for 2024 Prediction #1. The US recession will finally arrive, but so will the first spot #Bitcoin ETFs. Over $2.4B may flow into these ETFs in Q1 2024 to support Bitcoin’s price. — VanEck (@vaneck_us) December 7, 2023 Additionally, VanEck expects the first spot Bitcoin ETFs to be approved in the first quarter. However, he also had dire forecasts for the US economy. You might also like: Will Bitcoin price make a new all-time high in 2023? Prediction and analysis The firm also believes Ether (ETH) will unlikely disrupt Bitcoin in 2024 but will outperform the most significant tech stocks. “Like ...