Bitcoin new high set for late 2024, Binance to lose top spot, predicts VanEck

Bitcoin (BTC) will hit a new all-time high in late 2024 on the backdrop of a long-feared United States recession and regulatory shifts after the next U.S. presidential election, asset manager VanEck predicts.

On Dec. 8, VanEck made 15 crypto predictions for 2024, including price forecasts, timings of a spot Bitcoin ETF launch, the impact of the Bitcoin halving, and emerging dominant crypto platforms.

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

VanEck is among several firms including…

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