Bitcoin To Hit 85K by Year End, Analysts Predict

Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌       [CoinMarketCap Logo](~/AAQRxQA~/RgRo094dP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPWthbTczaDNvdnV5MVcDc3BjQgpm6x1Z8WYZEj7-Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) Data as of: 23 Sep 2024 12:00 UTC Look what the crypto cat dragged in – a surge of green candles and a whiff of optimism. And it's not even October yet. Bitcoin's been acting like a yo-yo lately, bouncing up and down near that sweet 64K mark. The crypto community is getting too excited. Why? Upcoming US elections. But we've all seen this movie before – the one where Bitcoin teases us with a bull run, only to take an unexpected dip when we are all in. Still, there's something different in the air this time. Maybe it's the way institutional money's been creeping in, or how blockchain tech is slowly but surely worming its way into mainstream conversations. So what exactly is going on in the market? Let’s make sense of it all! Here is a quick rundown of the top headlines from the past 24 hours: - Kamala Harris breaks her crypto silence. [Is she](~/AAQRxQA~/RgRo094dP0STaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdmljZS1wcmVzaWRlbnQtaGFycmlzLXNpZ25hbHMtc3VwcG9ydC1mb3ItYWktYW5kLWRpZ2l0YWwtYXNzZXRzLWluLXByZXNpZGVudGlhbC1jYW1wYWlnbj9saWQ9ZGxra3poeHBhbXlpVwNzcGNCCmbrHVnxZhkSPv5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) turning out to be the blockchain messiah we've been waiting for? 🤔 - Coinbase's cbBTC drama: Full refunds promised. [But why](~/AAQRxQA~/RgRo094dP0R0aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvY29pbmJhc2UtY2xlYXJzLXVwLWNiYnRjLXJlZnVuZC1wb2xpY3ktYW1pZC11c2VyLWNvbmNlcm5zP2xpZD1ndWZ4ZnhwYWFjNWFXA3NwY0IKZusdWfFmGRI-_lIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) was that clause there in the first place? 🧐 - Bitcoin to hit $85K? [But how](~/AAQRxQA~/RgRo094dP0R4aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1zZXQtZm9yLWV4cGxvc2l2ZS1tb3ZlLWFzLWFuYWx5c3RzLXRhcmdldC1kb2xsYXI4NTAwMD9saWQ9bHJnMTVzZXoxZTllVwNzcGNCCmbrHVnxZhkSPv5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) accurate is this prediction? 📈 - Harris vs. Trump: Who's better for crypto? VanEck's [got](~/AAQRxQA~/RgRo094dP0R1aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdmFuZWNrLWhhcnJpcy1wcmVzaWRlbmN5LWNvdWxkLXR1cm4tb3V0LWJldHRlci1mb3ItYml0Y29pbj9saWQ9ZXg3aGxtZTVyeWNuVwNzcGNCCmbrHVnxZhkSPv5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) some thoughts that might surprise you. 🗳️ - Elon Musk and Nayib Bukele's tech summit: Just a friendly chat, or the start of [something bigger](~/AAQRxQA~/RgRo094dP0R1aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZWxvbi1tdXNrLWFuZC1uYXlpYi1idWtlbGUtdGFsay1haS1hbmQtYml0Y29pbi1hdC10ZXNsYS1ocT9saWQ9YzNqanozbm5zYWJyVwNzcGNCCmbrHVnxZhkSPv5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)? 🚀 Let’s dive in after the market overview! MARKET OVERVIEW GLOBAL MARKET CAP $2.22T ▲1.13% (24h) 24H MARKET VOLUME $71.98B ▲55.17% (24h) BITCOIN’S DOMINANCE 56.41% ▼0.11% (24h) FEAR & GREED INDEX 51 Neutral [Bitcoin] Bitcoin $63,434.87 ▲0.96% (24h) [Ethereum] Ethereum $2,646.45 ▲2.43% (24h) [BNB] BNB $592.06 ▲1.67% (24h) [ALL CRYPTO PRICES/DATA »](~/AAQRxQA~/RgRo094dP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPTNrdWZrenN1bncwOVcDc3BjQgpm6x1Z8WYZEj7-Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [TRENDING CRYPTO »](~/AAQRxQA~/RgRo094dP0RFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS90cmVuZGluZy1jcnlwdG9jdXJyZW5jaWVzLz9saWQ9eXVtdGphNjZsOG1lVwNzcGNCCmbrHVnxZhkSPv5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [NEW LISTINGS ON CMC »](~/AAQRxQA~/RgRo094dP0QvaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9uZXcvP2xpZD1yeGkxcjMyZXF4aDVXA3NwY0IKZusdWfFmGRI-_lIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [TRENDING DEX PAIRS »](~/AAQRxQA~/RgRo094dP0RAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9kZXhzY2FuL3RyZW5kaW5nL2FsbC8_bGlkPW1jeDFuZXJoNHBtNVcDc3BjQgpm6x1Z8WYZEj7-Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) TOP GAINERS 24H% [FourCoin] [FourCoin](~/AAQRxQA~/RgRo094dP0QuaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2ZvdXJjb2luL1cDc3BjQgpm6x1Z8WYZEj7-Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▲1188.6% [PAWZONE] [PAWZONE](~/AAQRxQA~/RgRo094dP0QtaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3Bhd3pvbmUvVwNzcGNCCmbrHVnxZhkSPv5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▲1125.28% [Neiro (neiro.lol)] [Neiro (neiro.lol)](~/AAQRxQA~/RgRo094dP0QxaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL25laXJvLXNvbC0yL1cDc3BjQgpm6x1Z8WYZEj7-Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▲243.91% TOP LOSERS 24H% [NOT] [NOT](~/AAQRxQA~/RgRo094dP0QpaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL25vdC9XA3NwY0IKZusdWfFmGRI-_lIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▼99.9% [GameStop Coin] [GameStop Coin](~/AAQRxQA~/RgRo094dP0Q2aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2dhbWVzdG9wY29pbi1uZXQvVwNzcGNCCmbrHVnxZhkSPv5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▼99.75% [TOAD] [TOAD](~/AAQRxQA~/RgRo094dP0QwaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3RvYWQtdG9rZW4vVwNzcGNCCmbrHVnxZhkSPv5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▼93.89%   Harris Breaks Crypto Silence Kamala Harris has finally broken her silence about crypto. After months of silence, Harris has laid out her vision for AI and digital assets, striking a balance between innovation and consumer protection. Harris is talking about "investing in America's competitiveness and future," with a focus on promoting innovative technologies like AI and digital assets. But she's not giving crypto a blank check - consumer and investor protection is high on her agenda. The community has been waiting with bated breath for any sign of where potential presidents stand on crypto. Her statement is like the first drop of rain in a drought - not quite a downpour, but enough to get everyone's attention. So is it finally bullish for crypto? Read the [full story](~/AAQRxQA~/RgRo094dP0STaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdmljZS1wcmVzaWRlbnQtaGFycmlzLXNpZ25hbHMtc3VwcG9ydC1mb3ItYWktYW5kLWRpZ2l0YWwtYXNzZXRzLWluLXByZXNpZGVudGlhbC1jYW1wYWlnbj9saWQ9bGkyajNwYWFwOXltVwNzcGNCCmbrHVnxZhkSPv5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)!   Coinbase's cbBTC Cleanup Coinbase's Chief Legal Officer, Paul Grewal, is on damage control duty, clearing the air about the exchange's refund policy for its new "wrapped Bitcoin" offering, cbBTC. The drama started when users spotted a clause in the cbBTC agreement that seemed to suggest Coinbase might shortchange customers if the underlying Bitcoin went missing. Grewal's message? Don't worry, we've got you covered. He's promising full refunds if Coinbase loses the Bitcoin, whether through negligence or some nefarious deed. So what is this clause exactly about? Read the [full story](~/AAQRxQA~/RgRo094dP0R0aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvY29pbmJhc2UtY2xlYXJzLXVwLWNiYnRjLXJlZnVuZC1wb2xpY3ktYW1pZC11c2VyLWNvbmNlcm5zP2xpZD1qa3duemNocXZkYWpXA3NwY0IKZusdWfFmGRI-_lIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)!   [CMC Live: Weekly Crypto Forecast](~/AAQRxQA~/RgRo094dP0REaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jb21tdW5pdHkvcG9zdC8zNDAwOTQwMjYvP2xpZD1kcGY4dm1zc2V6dnBXA3NwY0IKZusdWfFmGRI-_lIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) Monday, 23 Sep on 3PM UTC CMC-Community Live: Weekly Crypto Forecast Join CMC's Research Lead, Alice, as she shares crucial insights for the upcoming week ahead. [Join Us Soon](~/AAQRxQA~/RgRo094dP0REaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jb21tdW5pdHkvcG9zdC8zNDAwOTQwMjYvP2xpZD10dmJ5bHRqMG8wYXJXA3NwY0IKZusdWfFmGRI-_lIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)   $85K on the Horizon? Crypto experts are seeing green for Bitcoin. The buzz? BTC could be gearing up for an "explosive move" as we close out 2024. Titan, a crypto trader with a keen eye on the charts, is pointing to Bitcoin's weekly RSI as the harbinger of big things to come. This technical indicator has just burst through the 50/100 mark. Titan's got a theory about September closings. If BTC can wrap up the month above $59,000, we might be in for a very merry crypto Christmas. But how accurate is this prediction? Read the [full story](~/AAQRxQA~/RgRo094dP0R4aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1zZXQtZm9yLWV4cGxvc2l2ZS1tb3ZlLWFzLWFuYWx5c3RzLXRhcmdldC1kb2xsYXI4NTAwMD9saWQ9OWRhNzFxa2JxcHl6VwNzcGNCCmbrHVnxZhkSPv5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)!   Harris’ Win Will Be Good for Crypto VanEck’s analysts are suggesting that a Kamala Harris presidency might actually be better for Bitcoin than a Trump sequel. Matthew Sigel and Patrick Bush, the brains behind this contrarian take, argue that Harris's presidency could inadvertently become Bitcoin's best friend. How? By continuing economic policies that might weaken the US dollar, potentially driving more people to Bitcoin as a hedge against inflation. It's a "be careful what you wish for" scenario for dollar bulls. VanEck's team is essentially saying that Harris's policies could accelerate the very issues that make Bitcoin attractive in the first place. But what about Trump’s victory? Read the [full story](~/AAQRxQA~/RgRo094dP0R1aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdmFuZWNrLWhhcnJpcy1wcmVzaWRlbmN5LWNvdWxkLXR1cm4tb3V0LWJldHRlci1mb3ItYml0Y29pbj9saWQ9OGFpcGJhdjV6cGRtVwNzcGNCCmbrHVnxZhkSPv5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)!   CMC NARRATIVE: AI OpenAI’s o1 model released: Featuring better reasoning and coding skills, alongside Hong Kong’s AI finance rules coming soon. Bittensor (TAO) leads the pack: Up +15.81% this week, while Internet Computer (ICP) struggles with a -9.78% drop. [CMC NARRATIVE: AI](~/AAQRxQA~/RgRo094dP0SCaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvd2Vlay1pbi1haS1jcnlwdG8tYWktc3VyZ2VzLWFtaWQtZmVkLXJhdGUtY3V0cy1hbmQtbWFqb3ItYWktaW52ZXN0bWVudHM_bGlkPWlibzViZTY4NGlmeVcDc3BjQgpm6x1Z8WYZEj7-Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) Major AI investments coming: BlackRock and Microsoft commit $30B to AI infrastructure, hinting at future bullish momentum in the sector...[Continue Reading.](~/AAQRxQA~/RgRo094dP0SCaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvd2Vlay1pbi1haS1jcnlwdG8tYWktc3VyZ2VzLWFtaWQtZmVkLXJhdGUtY3V0cy1hbmQtbWFqb3ItYWktaW52ZXN0bWVudHM_bGlkPWNkcmZoM2Y0cjhkblcDc3BjQgpm6x1Z8WYZEj7-Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)   Track larger AI trends on CMC Narratives: [Track Narrative](~/AAQRxQA~/RgRo094dP0Q7aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS92aWV3L2FpLWJpZy1kYXRhP2xpZD00bjJ6OWg2eHRodm1XA3NwY0IKZusdWfFmGRI-_lIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)   Bitcoin Takes Center Stage at Tesla HQ Elon Musk and Nayib Bukele just had a tech summit. The Salvadoran president swung by Tesla's Austin gigafactory, and it wasn't just for a tour and a handshake. Musk called Bukele "an amazing leader" on X. Their chat? A deep dive into the "nature of reality" and how AI and robotics are reshaping our world. El Salvador's been riding the tech wave hard since making Bitcoin legal tender in 2021. Now, they're eyeing AI as the next frontier. Cathie Wood of ARK Invest is all in, predicting El Salvador's GDP could skyrocket tenfold by 2029. But how is it possible? Read the [full story](~/AAQRxQA~/RgRo094dP0R1aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZWxvbi1tdXNrLWFuZC1uYXlpYi1idWtlbGUtdGFsay1haS1hbmQtYml0Y29pbi1hdC10ZXNsYS1ocT9saWQ9ZW0xeTU1ZWlnbnMxVwNzcGNCCmbrHVnxZhkSPv5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)!   And that's it for today. See you tomorrow!   [Apple Store](~/AAQRxQA~/RgRo094dP0Q6aHR0cHM6Ly9hcHBzLmFwcGxlLmNvbS9hcHAvY29pbm1hcmtldGNhcC9pZDEyODIxMDcwOTg_bHM9MVcDc3BjQgpm6x1Z8WYZEj7-Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [Google Play](~/AAQRxQA~/RgRo094dP0RQaHR0cHM6Ly9wbGF5Lmdvb2dsZS5jb20vc3RvcmUvYXBwcy9kZXRhaWxzP2lkPWNvbS5jb2lubWFya2V0Y2FwLmFuZHJvaWQmaGw9ZW5fVVNXA3NwY0IKZusdWfFmGRI-_lIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [Twitter](~/AAQRxQA~/RgRo094dP0QyaHR0cHM6Ly90d2l0dGVyLmNvbS9Db2luTWFya2V0Q2FwP2xpZD01Mmpxc2FtMHFsNTVXA3NwY0IKZusdWfFmGRI-_lIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [Telegram](~/AAQRxQA~/RgRo094dP0QraHR0cHM6Ly90Lm1lL0NvaW5NYXJrZXRDYXA_bGlkPXN2Z3R4ZGNiODd1c1cDc3BjQgpm6x1Z8WYZEj7-Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [Facebook](~/AAQRxQA~/RgRo094dP0Q3aHR0cHM6Ly93d3cuZmFjZWJvb2suY29tL0NvaW5NYXJrZXRDYXA_bGlkPXB0dGFreGV4OGtieFcDc3BjQgpm6x1Z8WYZEj7-Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [Instagram](~/AAQRxQA~/RgRo094dP0Q5aHR0cHM6Ly93d3cuaW5zdGFncmFtLmNvbS9jb2lubWFya2V0Y2FwLz9saWQ9bTgxdWlkZmt0dm52VwNzcGNCCmbrHVnxZhkSPv5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [LinkedIn](~/AAQRxQA~/RgRo094dP0RAaHR0cHM6Ly93d3cubGlua2VkaW4uY29tL2NvbXBhbnkvY29pbm1hcmtldGNhcC8_bGlkPXpxYjlyaGI1OHRralcDc3BjQgpm6x1Z8WYZEj7-Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) DISCLAIMER: Please be aware that CoinMarketCap is NOT a cryptocurrency exchange and does NOT facilitate the buying, selling, withdrawal or trading of crypto/token assets. 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