The chance of Bitcoin reaching $100,000 by year’s end surges to 72%
The likelihood of Bitcoin (BTC) reaching $100,000 by the end of 2024 has surged to 72% on Polymarket, a prediction platform. This optimism stems from growing institutional interest, improving macroeconomic conditions, and anticipation around regulatory advancements, especially in the U.S. Key drivers of Bitcoin’s rally include declining inflation and lower interest rate expectations, which have boosted investor confidence. Speculation about the approval of a spot Bitcoin exchange-traded fund (ETF) is