Published by
Benzinga
Benzinga
Bitcoin (CRYPTO: BTC) is predicted to exceed $100,000 by 2025, following its next halving event in 2024, says a crypto executive, Business Insider reports. Joe Kelly, CEO of Unchained, a cryptocurrency financial services firm, bases his prediction on Bitcoin’s previous three halving events. These events, which cut miners’ rewards in half, have historically led to significant price rallies. “Taking a conservative view, if bitcoin stays around $30K until the halving, even a 12-month post-halving increase of 250% — which, again, is conservative relative to previous halvings — would price bitcoin …