Bitcoin hits all-time high, predicted to reach $100,000-$450,000 by 2025
From Nasdaq:
Bitcoin hit a milestone by trading above $72,000 for the first time. With a rally of over 65% year-to-date, many predict further growth. The SEC approval of spot Bitcoin ETFs has opened up new avenues for investment. Analysts forecast Bitcoin to reach $100,000 to $450,000 by 2025.5 crypto-centric stocks, including NVIDIA Corp, Coinbase Global Inc, and CleanSpark Inc, have strong potential for 2024. These companies are poised to benefit from the ongoing Bitcoin rally and increased interest in cryptocurrencies. With analysts predicting significant growth, these stocks present opportunities for investors looking to capitalize on the crypto market’s potential.
Read more at Nasdaq: The Zacks Analyst Blog Highlights NVIDIA, Coinbase Global, Block, CleanSpark and Iris Energy