#BreakingNews
Standard Chartered Bank: We predict that the price of Bitcoin will reach a new all-time high during the second quarter of 2025, rising up to $120,000.
➖ Reasons for this forecast:
• Increased institutional investment and inflows into Bitcoin ETFs
• The transfer of American investors’ assets into Bitcoin
• Heavy purchases by whales during recent market corrections
• Rising premiums on U.S. Treasury bonds
Standard Chartered has also projected that the price of Bitcoin could reach $200,000 by the end of 2025 and may soar to $500,000 by the year 2028. These expectations are based on strong market fundamentals, expanding institutional interest, and a significant shift in investor behavior towards Bitcoin as a hedge against traditional financial risks.