During this campaign season, politicians are increasingly focusing on cryptocurrency, as evident from a series of bitcoin-related statements and policy announcements. Even those who have been skeptical of crypto should take note, as appearing anti-innovation could be detrimental. This narrative is featured as part of CoinDesk's Mining Week 2023.
The bank had previously expressed its anticipation of the cryptocurrency's value reaching $100,000 by that time.
The projection aligns with Bitcoin's historical pattern of experiencing significant growth in the months following a halving of mining rewards. The fourth halving is scheduled to take place in the early months of next year.
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