VanEck’s Predictions Include Bitcoin ETF Boom, Binance Losing Top Spot, Stablecoins Surging To $200B
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Benzinga
Benzinga
Asset management giant VanEck released a comprehensive forecast for the cryptocurrency market in 2024, projecting significant developments and shifts. Key among these predictions was the expectation that more than $2.4 billion would flow into Bitcoin (CRYPTO: BTC) ETFs, leading to a record high for Bitcoin in the fourth quarter of 2024. Additionally, VanEck anticipated Binance (CRYPTO: BNB) would lose its top spot in spot trading and the market value of stablecoins would surge to an all-time high, exceeding $200 billion. Bitcoin ETFs And Market DynamicsVanEck predicted a substantial influx of …