By the end of 2024, Bitcoin price is expected to reach $100,000! The crypto bull market is back. Bitcoin, the top cryptocurrency, could hit $100,000 by the end of 2024, according to a report by Jeff Kendrick, head of digital asset research at Standard Chartered Bank. By the end of 2024, we could see Bitcoin (BTC) reaching the $100,000 level , as we believe the much-hyped "crypto winter" is finally over. According to Kendrick, Bitcoin could benefit from many factors. For example, recent instability in the banking sector due to the end of the Fed's rate hike cycle and the increased profitability of cryptocurrency mining. As uncertainty persists, Kendrick believes the path to the $100,000 level is becoming more apparent. Bitcoin has bounced back this year, topping $30,000 for the first time in 10 months. However, the crypto industry lost trillions of dollars in 2022 after the Fed raised interest rates. Observers Are Arguing About Bitcoin Standard Chartered isn't the only
How long will it take to mine a Bitcoin in 2022? Have you ever wondered how long it takes to mine a bitcoin? Bitcoin is a virtual Internet currency that has become very popular recently. However, many friends also want to add a mining team and want to know how long it takes to mine a Bitcoin . Bitcoin does not have an issuer. Therefore, from a scientific level, everyone can produce their Bitcoin. Moreover, according to the design scheme of the cryptographic algorithm, Bitcoin can make it able to move and pay. However, the number of Bitcoin is relatively limited, and a new type of currency entered the market in 2008 to carry out commodity circulation. At this stage, the resources of the Bitcoin network are already impoverished, and ordinary users must invest a considerable amount of time in mining Bitcoin. The time required to mine a complete Bitcoin will vary, and the greater level lies in the work capacity of mining dedication. In general, the stronger the hashing power, the faster a