Bitcoin To Hit $250,000 In 2024? Crypto Backers Bet On The Odds Of A Holiday Miracle
Portfolio Pulse from Aniket Verma
Bitcoin has surged past $71,000, nearing its all-time high, with predictions of reaching $73,000 soon. However, the likelihood of Bitcoin hitting $250,000 by year-end is low, with only 2% odds. The rally is linked to Donald Trump's rising election odds.

October 29, 2024 | 9:18 am
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Bitcoin has surged past $71,000, nearing its all-time high, with predictions of reaching $73,000 soon. However, the likelihood of Bitcoin hitting $250,000 by year-end is low, with only 2% odds. The rally is linked to Donald Trump's rising election odds.
Bitcoin's recent price surge past $71,000 is significant as it approaches its all-time high. Predictions of reaching $73,000 soon are plausible, but a $250,000 target by year-end is highly unlikely with only 2% odds. The rally is influenced by political factors, specifically Trump's rising election odds, which could drive further demand.
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