By the end of the year, digital currency could be worth $150k
SunnySide Digital Founder and CEO Taras Kulyk joined Yahoo Finance to discuss the outlook for the cryptocurrency in the post-halving landscape. He foresees bitcoin prices potentially reaching the $100,000 to $150,000 threshold by the end of 2024. The halving demonstrated "the adoption, integration [of bitcoin] into overall global portfolios"
Raoul Pal has served as head of European hedge fund sales for equities at Goldman Sachs. Pal considered many factors to arrive at his prediction that Bitcoin will be worth $1,000 in 2025. Pal's opinion on crypto is valued around the world, and he is constantly sending out market insights to his 1 million followers.
Ark Invest, led by CEO Cathie Wood, has quickly grown into one of the largest asset managers in the world since launching in 2014. The firm emphasizes investing in technology, offering a variety of exchange-traded funds. Ark teamed up with 21Shares to launch a spot Bitcoin ETF, Ark 21Shares Bitcoin ETF.
Investors should have at least 1% to 3% allocated to bitcoin in their portfolios, CEO says. Bitcoin could soar to $150,000 this year, hedge fund manager Mark Yusko predicts. Morgan Creek Capital Management CEO says investors should have 1% or 3% of bitcoin in portfolios.