Boardroom’s resident tech reporter, Michelai Graham, shares four predictions for the state of the crypto market next year.
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@boardroom What does 2024 have in store for crypto?Here are our crypto predictions for 2024 courtesy of Boardroom’s very own Michelai Graham. #crypto #cryptocurrency #bitcoin #btc ♬ original sound – Boardroom
Crypto is making a comeback in 2024, and Bitcoin is already getting the party started by surpassing $42,000 for the first time since April 2022.
It’s been a rocky year for the cryptocurrency market, from volatile crypto values to plunging prices for once-beloved NFTs. Still, some bullish crypto investors are keeping the market alive and thriving. There are some pretty important movements shaking up the market, like the SEC potentially approving a Bitcoin ETF, which would essentially connect crypto to the stock market. This would bring everyday investors closer to digital currencies.
But what about the next big blockchain craze? Will pricey NFTs return, or will another blockchain-enabled phenomenon take their place?
As Boardroom’s resident tech reporter and crypto guru, I’m confident about the four predictions I came up with for 2024 based on how the market is moving. Check out my video and stay tuned for more crypto trends coverage.