Standard Chartered predicts Bitcoin (BTC) to reach $100K by 2024.

Standard Chartered predicts that Bitcoin's value could reach $100,000 by the end of 2024, citing the collapse of mid-tier US lenders as a reason for the cryptocurrency's outperformance. The bank also believes that Bitcoin's share of the total digital assets market cap could move into the 50-60% range in the next few months. The stabilization of risk assets and speculation that the Federal Reserve will ease monetary tightening further also contribute to the "pathway to the USD 100,000 level becoming clearer."