The corporation’s analysts expect a twofold growth of the first cryptocurrency (bitcoin) in the coming months, as well as a rise in the price of Ethereum to $ 26-35 thousand in the long term.
By the beginning of next year, the bitcoin rate may reach $ 100 thousand, analysts of the British banking corporation Standard Chartered say.
In their opinion, in the long term, the quotes of the first cryptocurrency(bitcoin) may rise to $ 175 thousand. In this case, the price of Ethereum will be $ 26-35 thousand, the bank added, Reuters .
“As a medium of exchange, bitcoin could become the dominant payment method for people without bank accounts in a cashless future,” Standard Chartered said in a study.
As of September 8, the bitcoin rate is $ 46.4 thousand. Ethereum is traded at $ 3.4 thousand. Both cryptocurrencies have fallen in price by 9% over the past day.
