BITCOIN COULD HIT NEW ALL-TIME HIGHS THIS QUARTER
Bitcoin may soon hit new all-time highs as investment surges, says Standard Chartered's Geoff Kendrick. Spot Bitcoin ETFs saw $5.3B in inflows over the past three weeks. Strategy (formerly MicroStrategy) has boosted its Bitcoin purchases, with the Swiss National Bank now buying its shares. Abu Dhabi’s wealth fund and other long-term investors are also increasing holdings. StanChart forecasts Bitcoin to reach $120K by Q2. It’s currently up 2.7% at $99,379, after hitting a three-month high of $99,874.