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Bitcoin News Roundup for March 24, 2020
Will the US launch a digital dollar? And what happens to racers when they can't race? Find out on CoinDesk's Markets Daily podcast.
By John Biggs
Updated Sep 14, 2021, 8:22 a.m. Published Mar 24, 2020, 4:00 p.m.
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
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Today's Stories:
Bitcoin Marches on $7K as Traditional Markets Cheer Fed's QE 'Bazooka'
‘Digital Dollar’ Stripped From Latest US Coronavirus Relief Bill
Kinsa's fever map could show just how crucial it is to stay home to stop COVID-19 spread
Long-Festering DeFi Dapp Bug Still Not Fixed by Industry
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
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Bitcoin gets 'base case' price target of $143,000 at Citigroup
The Wall Street bank said its bitcoin forecast relies on further crypto ETF inflows and a continued rally in traditional equity markets.
What to know:
- Citigroup's base case for bitcoin (BTC) is a rise to $143,000 in 12 months.
- Analysts highlight $70,000 as key support, with the potential for a sharp rise due to revived ETF demand and positive market forecasts.
- The bear case sees bitcoin falling to $78,500 amid a global recession, while the bull case predicts a rise to $189,000 due to increased investor demand.
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