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Bitcoin Rises Above $30,000 as Standard Chartered Predicts $120,000 by 2024

Bitcoin held above US$30,000 in Tuesday morning trading, with Standard Chartered predicting the token will reach US$120,000 by the end of 2024. Other top 10 non-stablecoin cryptocurrencies also moved higher, with Matic token leading the rally.

US equity futures also gained after Federal Reserve officials said the bank's monetary tightening cycle is drawing to a close. Cryptocurrency-linked investment products saw net inflows of US$136 million in the week ending July 7, marking the third consecutive week of inflows.

Bitcoin Bitcoin $95,096.15
-1.41%
Bitcoin Cryptocurrency Federal Reserve
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