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International Business Times
International Business Times
Business
Nica Osorio

Bitwise Predicts Bitcoin To Surpass $80,000 Amid ETF Anticipation And DTCC Listing

Bitcoin Bitwise DTCC ETF James Seyffart SEC Crypto
One Thing to Know About Crypto - Bitcoin ETFs (Credit: YouTube screenshot/Bitwse official YouTube channel)

Crypto asset management firm Bitwise has made a bullish prediction about Bitcoin, foreseeing the world's largest crypto asset by market capitalization reaching a new all-time high price above $80,000 by 2024. Bitwise, now listed on DTCC alongside BlackRock, ARK, and other hopeful issuers, joined in anticipation of its spot Bitcoin ETF ticker.

Bitwise anticipates Bitcoin to surpass $80,000 next year, attributing this surge to two primary catalysts—the Bitcoin Halving event and the imminent launch of a spot Bitcoin exchange-traded fund in the U.S.

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