Express
Standard Chartered Bank Reiterates Bitcoin Year-End Target of $200,000 Due to ETF Inflows and Government Shutdown
Summary: According to reports from Cyptoslate, Geoffrey Kendrick, the head of digital asset research at Standard Chartered Bank, reiterated his year-end price target of $200,000 for Bitcoin on October 2. Kendrick stated that new ETF inflows and the U.S. government shutdown may further drive cryptocurrency prices up in the coming weeks. In a report to clients, ...
According to reports from Cyptoslate, Geoffrey Kendrick, the head of digital asset research at Standard Chartered Bank, reiterated his year-end price target of $200,000 for Bitcoin on October 2. Kendrick stated that new ETF inflows and the U.S. government shutdown may further drive cryptocurrency prices up in the coming weeks. In a report to clients, Kendrick mentioned that Bitcoin is expected to break historical highs in a few days and could reach $135,000 in the next few weeks, slightly later than his previous forecast.
Tags:
Link: Standard Chartered Bank Reiterates Bitcoin Year-End Target of $200,000 Due to ETF Inflows and Government Shutdown [Copy]
