According to investment management firm VanEck, the influx of over $2.4 billion in Bitcoin exchange-traded funds (ETFs) is expected in the first quarter of 2024. This projection is a direct result of the demand for 'hard money' assets which cannot be influenced or cancelled by U.S. authorities. Analysts are confident that Bitcoin's price will remain strong in this period and go up to hit an all-time high by the end of the same year. Moreover, VanEck also predicts that the Bitcoin halving in April 2024 will proceed smoothly and lead to further growth in Bitcoin's price. However, if Bitcoin hits $100k, the anonymous creator of the cryptocurrency, Satoshi Nakamoto, could potentially be awarded the Man of the Year by Time Magazine.



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