Following Bitcoin (CRYPTO: BTC) and Ethereum’s (CRYPTO: ETH) flash crash on Sept. 7, on the day El Salvador officially adopted Bitcoin as legal tender, U.K.-based bank Standard Chartered issued fresh price predictions for the two largest cryptocurrencies by market cap. Analysts at the bank see Bitcoin rising three times its current price and Ethereum skyrocketing a potential 10 times.
Geoffrey Kendrick, who leads the global research team at Standard Chartered, also sees Ethereum surpassing Bitcoin’s total value and compared Ethereum to a financial market as opposed to Bitcoin....More>>>