According to reports from Wu, Standard Chartered Bank released a report stating that driven by ETF capital inflows and corporate demand for cryptocurrency, Bitcoin is expected to reach a new high of $135,000 in the third quarter and is likely to rise to $200,000 by the end of the year. The bank stated that the market has broken away from the old model of price correction 18 months after halving, but short-term fluctuations may still occur from the end of the third quarter to the beginning of the fourth quarter.

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