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Cryptoknowmics 2022-12-05 12:49:52

Standard Chartered Predicts Unexpected Bitcoin Fall After FTX Fall

According to the worldwide research head and senior strategist at Standard Chartered, Bitcoin could fall as low as $5,000 in 2023. In a letter to investors released on December 4 by the chief strategist, Eric Robertsen, of the international bank, considered the possibility that a Bitcoin fall would be associated with a rise in the price of actual Gold, as was first reported by Bloomberg. Bitcoin Fall Predictions for 2023 Robertsen presented possible outcomes for 2023 that might result in interest rate decreases following increases in 2022, additional cryptocurrency industry bankruptcies, and unfavorable market sentiment. In contrast, gold might have The post Standard Chartered Predicts Unexpected Bitcoin Fall After FTX Fall appeared first on Cryptoknowmics-Crypto News and Media Platform .

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