Bitwise Research Team Releases 10 Cryptocurrency Predictions for 2024

Bitwise research analyst Ryan Rasmussen posted on social media that the team has released predictions for 10 cryptocurrencies in 2024.

Prediction #1: The trading price of Bitcoin will surpass $80,000, setting a new historical high.

Prediction #2: Spot Bitcoin ETFs will be approved and overall, they will be the most successful ETFs ever.

Prediction #3: Coinbase's revenue will double, exceeding Wall Street's expectations by at least 10 times.

Prediction #4: The amount of funds settled using stablecoins will exceed those settled using Visa.

Prediction #5: JPMorgan will tokenize funds and fund tokens as Wall Street prepares to tokenize real-world assets and launch them on-chain.

Prediction #6: Ethereum's revenue will grow by more than 2 times to reach $5 billion as users flock to crypto applications.

Prediction #7: Taylor Swift will release NFTs to connect with fans.

Prediction #8: AI assistants will start using cryptocurrencies for online payments, confirming that cryptocurrencies are the "native currency of the internet."

Prediction #9: The prediction market will invest over $100 million, which will become the new "killer app" for cryptocurrencies.

Prediction #10: A major upgrade to Ethereum will reduce the average transaction cost to less than $0.01.

Bonus prediction: By the end of 2024, one-quarter of financial advisors will allocate cryptocurrencies in their clients' accounts.