Bitcoin Soars Over 100% Since FTX Collapse as Crypto Rebounds in 2023
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Bitcoin's price has more than doubled since FTX collapsed a year ago, jumping 105% to $37,000.
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Bitcoin is outperforming the S&P 500, Nasdaq, and Big Tech stocks in 2023 with gains over 120%.
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Hopes for a US spot bitcoin ETF being approved have powered bitcoin's comeback, with a 90% chance seen before January 10.
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Bitcoin's limited supply and upcoming "halving" event in 2024 are boosting expectations it could top $100,000.
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Major banks like Standard Chartered and Bernstein have issued bold bitcoin price predictions of up to $150,000 for 2023.