$BTC Q.Why BTC is going up?

A.In the beginning of the new year 2024, BTC rose to a high at $45,208 and the world crypto market capitalization is trading at $1.74 trillion as of Jan. 03, 2024. The rise happened as expectations of a consent for exchange traded funds to invest in the largest cryptocurrency token intensified.

Recently, Standard Chartered, one of the leading British Multinational Banks raised its prediction price for the BTC ranging from $1,00,000 to $1,20,000 by the end of the year 2024 in one of its most recent research reports citing more profit to BTC miners.

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