Jeffrey Kendricks, head of digital assets at 'Standard Chartered', expressed the expectation of Bitcoin reaching $100,000. He expressed confidence that the digital currency will continue to grow and overcome the psychological barrier of $100,000 per token. It is worth noting that at the time of his statement, the price of the cryptocurrency was around $50,000. The specialist emphasized that Bitcoin's growth requires energy expenditure, and considering all fundamental factors, such a forecast seems fully justified.
It is important to note that many analysts and investors are leaning towards the opinion of the growth of cryptocurrencies in the future. Furthermore, some large companies have already announced plans to integrate Bitcoin into their financial operations. This also contributes to confidence in the growth of value. Consequently, projections similar to those stated by Kendricks could be in demand in the market for digital assets in the near future.
