Bitcoin will hit as much as $100,000 by early 2022, Standard Chartered predicted on Tuesday.
Ether could hit as much as $35,000, but bitcoin would have to reach $175,000 to attain that level, the team said.
"While potential returns may be greater for ETH than for BTC, risks are also higher," they added.
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Bitcoin will surge 115% from current levels to $100,000 either late this year or early next year, and could reach $175,000 in the long term, Standard Chartered's cryptocurrency research team has forecast.
The bank's team said it "structurally" values bitcoin between the range of $50,000 to $175,000. "Cyclically, we expect a peak around $100,000 in late 2021 or early 2022," they said in a note Tuesday.