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Bitcoin Rally Has More Legs; US$50,000 Likely By End-2024

Bitcoin's stellar 2023 rally has more room to run over the coming year after the largest cryptocurrency breached US$30,000 last week.

Photo by Traxer / Unsplash 

Cryptos have bottomed out, and the likely outcome by the end of 2024 is for the surge in digital currencies to jump further, according to a survey of analysts by Blockhead.

The rapid return from Bitcoin's "crypto winter" surprisingly put the notoriously volatile digital currency at the top of the scoreboard as the best-performing asset class by a wide margin in the first quarter.

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