Standard Chartered analysts believe Bitcoin (BTC) could achieve new all-time highs due to ongoing concerns surrounding the U.S. Federal Reserve's (Fed) independence. Analyst Geoff Kendrick highlights that cryptocurrencies like Bitcoin offer a hedge against traditional financial system risks. President Trump's past suggestions to remove Fed Chairman Jerome Powell, and the subsequent anxieties about political influence over monetary policy, are contributing factors. These concerns, coupled with rising Treasury yields, create a favorable environment for Bitcoin's price appreciation. Higher Treasury yields make BTC more attractive as an alternative asset. Standard Chartered maintains its earlier prediction of BTC reaching $200,000 by year-end, suggesting strong confidence in Bitcoin's long-term prospects. This analysis emphasizes Bitcoin's potential as a safe haven asset during periods of economic uncertainty and perceived institutional instability. ```

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