{"id":7906,"date":"2023-07-11T05:07:14","date_gmt":"2023-07-11T05:07:14","guid":{"rendered":"https:\/\/www.btse.com\/blog\/?p=7906"},"modified":"2023-07-11T10:23:28","modified_gmt":"2023-07-11T10:23:28","slug":"bitcoin-holds-30k-standard-chartered-raises-expectations-for-bitcoin-prices","status":"publish","type":"post","link":"https:\/\/www.btse.com\/blog\/bitcoin-holds-30k-standard-chartered-raises-expectations-for-bitcoin-prices\/","title":{"rendered":"Bitcoin Holds $30K, Standard Chartered Raises Expectations for Bitcoin Prices"},"content":{"rendered":"

Trending Tokens on BTSE:<\/b><\/p>\n\n\n\n\n\n\n\n
Asset<\/b><\/div><\/td>\n
Price<\/b><\/div><\/td>\n
24h %<\/b><\/div><\/td>\n<\/tr>\n
Bitcoin (BTC)<\/span><\/a><\/div><\/td>\n
$30,468.2<\/span><\/div><\/td>\n
+1.03%<\/span><\/div><\/td>\n<\/tr>\n
Ethereum (ETH)<\/span><\/a>\u00a0<\/span><\/div><\/td>\n
$1,878.81<\/span><\/div><\/td>\n
+0.9%<\/span><\/div><\/td>\n<\/tr>\n
Metaverse (MTV)<\/span><\/a><\/div><\/td>\n
$0.001909<\/span><\/div><\/td>\n
+94%<\/span><\/div><\/td>\n<\/tr>\n
Solana (SOL)<\/span><\/a><\/div><\/td>\n
$0.0315<\/span><\/div><\/td>\n
-12.49%<\/span><\/div><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

(as of\u00a0 3:30 AM UTC, July 11, 2023)<\/span><\/i><\/p>\n

 <\/p>\n

Bitcoin (BTC) kicked off the day again hovering just over $30k. While this doesn\u2019t prove a significant movement for Bitcoin, it represents a small gain and shows Bitcoin’s resistance above the $30k mark. Ethereum (ETH) demonstrated a similar pattern, making small gains overnight and holding at a healthy $1.8k.\u00a0<\/span><\/p>\n

Metaverse (MTV), the latest token to be listed on the BTSE exchange, showed impressive gains of up to 94% in the last 24 hours, proving much buzz and excitement around the listing of this token among traders has been reflected in its price.\u00a0<\/span><\/p>\n

In other news, according to data <\/span>presented by Coindesk<\/span><\/a>, the number of wallets holding one or more Bitcoin has increased to its highest number ever, at 1,008,737 – good news for traders excited for further decentralization of the largest cryptocurrency by market cap. The data also shows that Bitcoin whales (Entities with holdings of more than 1,000 BTC) have experienced a decline in numbers during the same period.<\/span><\/p>\n

British multinational bank <\/span>Standard Chartered released some bullish predictions overnight<\/span><\/a> too – releasing a research report forecasting that Bitcoin could hit as high as $50k by the end of the year, and $120k by the end of 2024. Although Standard Chartered has\u00a0 released such reports earlier on in 2023 – in their own words – \u2018We now think this estimate is too conservative, and we therefore see upside to our end 2024 target\u2019 – leading to the increase of their end-2024 expectation of $100k.<\/span><\/p>\n

While Bitcoin continues to hold its price, analysts predict the next big price movements are likely to arise from the upcoming CPI and PPI releases in the US in the coming days.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

Trade Bitcoin on BTSE <\/span>here<\/span><\/a>.<\/span><\/p>\n

Join our Telegram news channel <\/span>here<\/span><\/a>.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

\n

Our aim is to create a platform that offers users the most enjoyable trading experience. If you have any feedback, please reach out to us at\u00a0<\/i>feedback@btse.com<\/i><\/a> or on Twitter @BTSE_Official.<\/i><\/p>\n

Note: BTSE Blog contents are intended solely to provide varying insights and perspectives. Unless otherwise noted, they do not represent the views of BTSE and should in no way be treated as investment advice. Markets are volatile, and trading brings rewards and risks. Trade with caution.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

Trending Tokens on BTSE: Asset Price 24h % Bitcoin (BTC) $30,468.2 +1.03% Ethereum (ETH)\u00a0 $1,878.81 +0.9% Metaverse (MTV) $0.001909 +94% Solana (SOL) $0.0315 -12.49%           (as of\u00a0 3:30 AM UTC, July 11, 2023)   Bitcoin (BTC) kicked off the day again hovering just over $30k. While this doesn\u2019t prove a significant […]<\/p>\n","protected":false},"author":1,"featured_media":7115,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9],"tags":[],"class_list":["post-7906","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis"],"yoast_head":"\nBitcoin Holds $30K, Standard Chartered Raises Expectations for Bitcoin Prices — BTSE Blog<\/title>\n<meta name=\"description\" content=\"Bitcoin (BTC) kicked off the day again hovering just over $30k. While this doesn\u2019t prove a significant movement for Bitcoin, it represents a small gain and shows Bitcoin's resistance above the $30k mark.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.btse.com\/blog\/bitcoin-holds-30k-standard-chartered-raises-expectations-for-bitcoin-prices\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Holds $30K, Standard Chartered Raises Expectations for Bitcoin Prices\" \/>\n<meta property=\"og:description\" content=\"Bitcoin (BTC) kicked off the day again hovering just over $30k. While this doesn\u2019t prove a significant movement for Bitcoin, it represents a small gain and shows Bitcoin's resistance above the $30k mark.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.btse.com\/blog\/bitcoin-holds-30k-standard-chartered-raises-expectations-for-bitcoin-prices\/\" \/>\n<meta property=\"og:site_name\" content=\"BTSE Blog\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-11T05:07:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-11T10:23:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.btse.com\/blog\/wp-content\/uploads\/2023\/05\/Analysis1-1024x576.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"BTSE\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BTSE_Official\" \/>\n<meta name=\"twitter:site\" content=\"@BTSE_Official\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"BTSE\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Bitcoin Holds $30K, Standard Chartered Raises Expectations for Bitcoin Prices — BTSE Blog","description":"Bitcoin (BTC) kicked off the day again hovering just over $30k. While this doesn\u2019t prove a significant movement for Bitcoin, it represents a small gain and shows Bitcoin's resistance above the $30k mark.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.btse.com\/blog\/bitcoin-holds-30k-standard-chartered-raises-expectations-for-bitcoin-prices\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Holds $30K, Standard Chartered Raises Expectations for Bitcoin Prices","og_description":"Bitcoin (BTC) kicked off the day again hovering just over $30k. While this doesn\u2019t prove a significant movement for Bitcoin, it represents a small gain and shows Bitcoin's resistance above the $30k mark.","og_url":"https:\/\/www.btse.com\/blog\/bitcoin-holds-30k-standard-chartered-raises-expectations-for-bitcoin-prices\/","og_site_name":"BTSE Blog","article_published_time":"2023-07-11T05:07:14+00:00","article_modified_time":"2023-07-11T10:23:28+00:00","og_image":[{"width":1024,"height":576,"url":"https:\/\/www.btse.com\/blog\/wp-content\/uploads\/2023\/05\/Analysis1-1024x576.png","type":"image\/png"}],"author":"BTSE","twitter_card":"summary_large_image","twitter_creator":"@BTSE_Official","twitter_site":"@BTSE_Official","twitter_misc":{"Written by":"BTSE","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.btse.com\/blog\/bitcoin-holds-30k-standard-chartered-raises-expectations-for-bitcoin-prices\/#article","isPartOf":{"@id":"https:\/\/www.btse.com\/blog\/bitcoin-holds-30k-standard-chartered-raises-expectations-for-bitcoin-prices\/"},"author":{"name":"BTSE","@id":"https:\/\/www.btse.com\/blog\/#\/schema\/person\/46ad80e1bffe6cf5d79938127822f2ca"},"headline":"Bitcoin Holds $30K, Standard Chartered Raises Expectations for Bitcoin Prices","datePublished":"2023-07-11T05:07:14+00:00","dateModified":"2023-07-11T10:23:28+00:00","mainEntityOfPage":{"@id":"https:\/\/www.btse.com\/blog\/bitcoin-holds-30k-standard-chartered-raises-expectations-for-bitcoin-prices\/"},"wordCount":399,"commentCount":0,"publisher":{"@id":"https:\/\/www.btse.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.btse.com\/blog\/bitcoin-holds-30k-standard-chartered-raises-expectations-for-bitcoin-prices\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/www.btse.com\/blog\/wp-content\/uploads\/2023\/05\/Analysis1.png?fit=1920%2C1080&quality=75&ssl=1","articleSection":["Analysis"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.btse.com\/blog\/bitcoin-holds-30k-standard-chartered-raises-expectations-for-bitcoin-prices\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.btse.com\/blog\/bitcoin-holds-30k-standard-chartered-raises-expectations-for-bitcoin-prices\/","url":"https:\/\/www.btse.com\/blog\/bitcoin-holds-30k-standard-chartered-raises-expectations-for-bitcoin-prices\/","name":"Bitcoin Holds $30K, Standard Chartered Raises Expectations for Bitcoin Prices — BTSE Blog","isPartOf":{"@id":"https:\/\/www.btse.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.btse.com\/blog\/bitcoin-holds-30k-standard-chartered-raises-expectations-for-bitcoin-prices\/#primaryimage"},"image":{"@id":"https:\/\/www.btse.com\/blog\/bitcoin-holds-30k-standard-chartered-raises-expectations-for-bitcoin-prices\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/www.btse.com\/blog\/wp-content\/uploads\/2023\/05\/Analysis1.png?fit=1920%2C1080&quality=75&ssl=1","datePublished":"2023-07-11T05:07:14+00:00","dateModified":"2023-07-11T10:23:28+00:00","description":"Bitcoin (BTC) kicked off the day again hovering just over $30k. While this doesn\u2019t prove a significant movement for Bitcoin, it represents a small gain and shows Bitcoin's resistance above the $30k mark.","breadcrumb":{"@id":"https:\/\/www.btse.com\/blog\/bitcoin-holds-30k-standard-chartered-raises-expectations-for-bitcoin-prices\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.btse.com\/blog\/bitcoin-holds-30k-standard-chartered-raises-expectations-for-bitcoin-prices\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.btse.com\/blog\/bitcoin-holds-30k-standard-chartered-raises-expectations-for-bitcoin-prices\/#primaryimage","url":"https:\/\/i0.wp.com\/www.btse.com\/blog\/wp-content\/uploads\/2023\/05\/Analysis1.png?fit=1920%2C1080&quality=75&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.btse.com\/blog\/wp-content\/uploads\/2023\/05\/Analysis1.png?fit=1920%2C1080&quality=75&ssl=1","width":1920,"height":1080},{"@type":"BreadcrumbList","@id":"https:\/\/www.btse.com\/blog\/bitcoin-holds-30k-standard-chartered-raises-expectations-for-bitcoin-prices\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.btse.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Holds $30K, Standard Chartered Raises Expectations for Bitcoin Prices"}]},{"@type":"WebSite","@id":"https:\/\/www.btse.com\/blog\/#website","url":"https:\/\/www.btse.com\/blog\/","name":"BTSE Blog","description":"Navigating the Crypto Frontier - Insights, Analysis, and Strategies","publisher":{"@id":"https:\/\/www.btse.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.btse.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.btse.com\/blog\/#organization","name":"BTSE","url":"https:\/\/www.btse.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.btse.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.btse.com\/blog\/wp-content\/uploads\/2023\/03\/btse-logo.png","contentUrl":"https:\/\/www.btse.com\/blog\/wp-content\/uploads\/2023\/03\/btse-logo.png","width":1007,"height":306,"caption":"BTSE"},"image":{"@id":"https:\/\/www.btse.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/BTSE_Official","https:\/\/discord.com\/invite\/btse","https:\/\/www.linkedin.com\/company\/btsecom\/","https:\/\/t.me\/btsecom"]},{"@type":"Person","@id":"https:\/\/www.btse.com\/blog\/#\/schema\/person\/46ad80e1bffe6cf5d79938127822f2ca","name":"BTSE","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/dc01110861deb9c4a6b15c6c841e4457320749d7c005164340fbf8d4eacefc5d?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/dc01110861deb9c4a6b15c6c841e4457320749d7c005164340fbf8d4eacefc5d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/dc01110861deb9c4a6b15c6c841e4457320749d7c005164340fbf8d4eacefc5d?s=96&d=mm&r=g","caption":"BTSE"},"sameAs":["https:\/\/www.btse.com\/blog"],"url":"https:\/\/www.btse.com\/blog\/author\/btseadmin\/"}]}},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.btse.com\/blog\/wp-content\/uploads\/2023\/05\/Analysis1.png?fit=1920%2C1080&quality=75&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.btse.com\/blog\/wp-json\/wp\/v2\/posts\/7906","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.btse.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.btse.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.btse.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.btse.com\/blog\/wp-json\/wp\/v2\/comments?post=7906"}],"version-history":[{"count":5,"href":"https:\/\/www.btse.com\/blog\/wp-json\/wp\/v2\/posts\/7906\/revisions"}],"predecessor-version":[{"id":7911,"href":"https:\/\/www.btse.com\/blog\/wp-json\/wp\/v2\/posts\/7906\/revisions\/7911"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.btse.com\/blog\/wp-json\/wp\/v2\/media\/7115"}],"wp:attachment":[{"href":"https:\/\/www.btse.com\/blog\/wp-json\/wp\/v2\/media?parent=7906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.btse.com\/blog\/wp-json\/wp\/v2\/categories?post=7906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.btse.com\/blog\/wp-json\/wp\/v2\/tags?post=7906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}