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Standard Chartered Predicts Bitcoin to Soar to $500K During Trump's Second Term
Summary: Standard Chartered Bank has issued a bold prediction, forecasting that Bitcoin's price will reach a staggering $500,000 by the end of second term for President Trump. The bank's global head of digital asset research, Geoff Kendrick, outlined a price trajectory that sees Bitcoin hitting $200,000 in 2025, $300,000 in 2026, $400,000 in 2027, and ...
Standard Chartered Bank has issued a bold prediction, forecasting that Bitcoin's price will reach a staggering $500,000 by the end of second term for President Trump.
The bank's global head of digital asset research, Geoff Kendrick, outlined a price trajectory that sees Bitcoin hitting $200,000 in 2025, $300,000 in 2026, $400,000 in 2027, and finally reaching the $500,000 mark in 2028.
This ambitious target implies a market capitalization of $10.5 trillion for Bitcoin, roughly half of the current market value of gold.
The prediction is based on the assumption of $39 billion in net inflows following the launch of a U.S. spot Bitcoin ETF, coupled with a potentially more favorable regulatory environment for digital assets under a Trump administration.
Tags: BTC,Standard Chartered Bank,Trump
Link: Standard Chartered Predicts Bitcoin to Soar to $500K During Trump's Second Term [Copy]
