Standard Chartered Sees Bitcoin Reaching $200,000 by End-2025

Standard Chartered raised its price outlook for Bitcoin, saying the world’s largest cryptocurrency could climb to about $135,000 in the third quarter of 2025 and reach $200,000 by year-end. The London-based lender’s digital-asset research team, led by Geoff Kendrick, said in a report that continued inflows into US-listed spot Bitcoin exchange-traded funds and growing adoption of the token for corporate treasuries are likely to underpin the rally.

The bank acknowledged that short-term volatility could emerge between late third quarter and early fourth quarter, but argued that the latest halving cycle would not trigger a sustained downturn because ETF and corporate demand were absent in previous cycles. Looking further ahead, Standard Chartered reiterated its projection that Bitcoin could approach $500,000 by 2028 if institutional participation continues to deepen.

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