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Crypto Market Outlooks for 2024 from a16z, Fidelity, Coinbase, Pantera and More

Also among those gazing into next year are Bitwise, VanEck and Hashdex.

Updated Mar 8, 2024, 6:56 p.m. Published Dec 19, 2023, 4:46 p.m.
Checking the crystal ball for 2024 (Michael Dziedzic, Unsplash)
Checking the crystal ball for 2024 (Michael Dziedzic, Unsplash)

Possible spot bitcoin ETF approval and the halving of the bitcoin block reward are obvious picks, but a number of investment houses share their ideas on what else may lie in store for 2024.

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Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying

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Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.

What to know:

  • Bitcoin surged towards $100,000 on Wednesday's U.S. trading session, gaining 3.2% in the past 24 hours.
  • The rally coincided with significant spot BTC price premium on Coinbase.
  • Fed Chair Jerome Powell called bitcoin a competitor to gold during a panel discussion.