Latest News | Bitcoin may fall 70% to $5,000 in 2023: Standard Chartered | #shorts #news
Latest News | Bitcoin may fall 70% to $5,000 in 2023: Standard Chartered | #shorts #news
The world's largest cryptocurrency Bitcoin may plunge 70% to $5,000 in 2023, Standard Chartered's Global Head of Research Eric Robertsen wrote in a note. Demand could switch from Bitcoin to gold, causing a 30% rally in the yellow metal, Robertsen added. Bitcoin was trading at a three-week high of about $17,340 as of 2:35 pm in Tokyo.
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#Bitcoin #Cryptocurrency #StandardChartered #EricRobertsen #Gold #Rally #Tokyo #DemandSwitch #topnews
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