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$1 Trillion Standard Chartered Predicts Bitcoin to Hit $200K by 2025

Geoff Kendrick, head of digital assets research at $1 trillion Standard Chartered bank, predicts that Bitcoin could reach $200,000 by the end of 2025.
By: DeepNewz • September 21, 2024
$1 Trillion Standard Chartered Predicts Bitcoin to Hit $200K by 2025

Geoff Kendrick, head of digital assets research at $1 trillion Standard Chartered bank, predicts that Bitcoin could reach $200,000 by the end of 2025, regardless of the outcome of the 2024 U.S. presidential election.

Key factors driving this potential surge include the potential repeal of SAB-121, an uptick in inflation, and ETF inflows. Kendrick also hints at possible changes in SEC leadership. This prediction aligns with a broader sentiment in the market, with several analysts suggesting that a significant push higher for Bitcoin is imminent.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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