LATEST: Bitwise Predicts Bitcoin Surge to $80,000 in 2024, Riding on ETF Launch and Halving Event

Bitwise Investments, eagerly awaiting SEC approval for its spot Bitcoin ETF, foresees Bitcoin soaring past $80,000 in a groundbreaking prediction. They credit this surge to the launch of a spot Bitcoin ETF in early 2024 and the upcoming halving event. Bitwise expects spot Bitcoin ETFs to make history as the most successful ETF launch, driven by massive capital inflow from retail and institutional investors. Additionally, Coinbase’s revenue is set to double, defying Wall Street expectations, thanks to the crypto bull market, innovative product launches, and its role as the primary custodian for most Bitcoin ETFs.

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