Straits Times Index
3,090.20 -20.53 (-0.66%) S&P 500
4,604.37 +18.78 (+0.41%) Dow
36,247.87 +130.47 (+0.36%) Nasdaq
14,403.97 +63.97 (+0.45%) Bitcoin USD
42,365.50 -1,278.44 (-2.93%) CMC Crypto 200
872.77 -23.94 (-2.67%)
MSTR Dec 2023 520.000 put
- Motley Fool
These Crypto Executives Think Bitcoin Could Be Worth $100,000 in 2024
With Bitcoin (CRYPTO: BTC) currently trading near an 18-month high of $44,000, it's perhaps no surprise that a number of analysts and investors are now rushing to put out higher price targets for Bitcoin. The growing consensus is that Bitcoin could be on a trajectory to hit $100,000 next year. As a result, top executives from within the crypto industry are now chiming in on Bitcoin's prospects for 2024, with many convinced Bitcoin could more than double in value within just 12 months.
- Motley Fool
Bitcoin Is Soaring, and These 2 Crypto Stocks Look Red-Hot
November was an amazing month for the stock market, which managed to claw back its losses from the previous couple of months. Over the weekend, Bitcoin climbed to its best levels in more than a year and a half, briefly moving above $42,000. Below, we'll look at why Coinbase Global (NASDAQ: COIN) and MicroStrategy (NASDAQ: MSTR) made big moves higher in premarket trading on Monday morning.
- Reuters
UPDATE 7-Bitcoin rises above $42,000 for first time since April 2022
Bitcoin rose on Monday, briefly surpassing $42,000 to reach a 20-month high, in a new surge of momentum fueled by U.S. interest rate cut expectations and traders betting that American regulators will soon approve exchange-traded spot bitcoin funds. Bitcoin's gains lifted the shares of cryptocurrency-related companies, as well as exchange-traded funds (ETFs) listed in the United States. Coinbase jumped 7% and Microstrategy gained 6.3%, while bitcoin miners such as Riot Platforms , Marathon Digital and CleanSpark rose between 7% and 13%.
