Bitcoin new high set for late 2024, Binance to lose top spot — VanEck

2024 will see Binance lose its leadership position, a U.S. recession, new stablecoin market cap highs and a new peak price for Bitcoin, according to asset manager VanEck.

Bitcoin (BTC) will hit a new all-time high in late 2024 because of a long-feared United States recession and regulatory shifts after the next U.S. presidential election, asset manager VanEck predicts.

On Dec. 8, VanEck made 15 crypto predictions for 2024, including price forecasts, the timing of spot Bitcoin exchange-traded fund (ETF) launches, the impact of the Bitcoin halving, and emerging dominant crypto platforms.

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