Standard Chartered predicts that Bitcoin prices could reach $50,000 by the end of this year and $120,000 by the end of 2024. The price of Ethereum could rise from around $1,600 currently to $8,000 by the end of 2026. As early as April this year, the bank issued a forecast for Bitcoin to rise to $100,000 by the end of 2024, and believed that the so-called "cryptocurrency winter" was over