VanEck’s 2024 Forecast: 15 Key Insights

posted  8 Dec 2023
Photo - VanEck’s 2024 Forecast: 15 Key Insights
Asset management giant has shared its 2024 forecast, offering insights into the future of BTC, DeFi, ETFs, and DEXs.

Here are the 5 most captivating points:

  • A US recession is expected, alongside the launch of the first spot Bitcoin ETFs. Over $2.4 billion could flow into these ETFs in Q1 2024.
  • The 4th Bitcoin halving in 2024 is anticipated to have minimal market disruption.
  • Bitcoin is predicted to reach an all-time high in Q4 2024, potentially driven by political events and regulatory changes after a US presidential election.
  • Binance may lose its 1 position for spot trading, facing competition from rivals like OKX, Bybit, Coinbase, and Bitget.
  • Solana is projected to become a top 3 blockchain by market cap, TVL, and users.