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Matrixport: Bitcoin is expected to surge to $50,000 in January

Matrixport: Bitcoin is expected to surge to $50,000 in January

2024/01/02 03:34

Digital asset financial services company Matrixport stated in a post that it is expected that Bitcoin will soar to $50,000 in January, driven by factors such as the imminent approval of Bitcoin spot ETFs, institutional buying pressure, supply shortages, and historical trends. It is also possible that the altcoin season will be ushered in.

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