Will Bitcoin (BTC) Rally Amid Trump’s Return? Standard Chartered Predicts $150K Value Surge

• Standard Chartered, a leading UK-based bank, has reiterated its end-of-2024 target for Bitcoin at $150,000 and its 2025 target at $200,000.
• The bank suggests that a potential victory for Donald Trump in the US elections could be positive for Bitcoin and other cryptocurrencies.
• Standard Chartered believes that an increase in US financial dominance risk, due to the FED profiting from government debts, could drive investors to seek alternative assets, thereby boosting Bitcoin and other cryptocurrencies.

Standard Chartered has reiterated its bullish outlook for Bitcoin, suggesting that a potential Trump victory and an increase in US financial dominance risk could drive the cryptocurrency’s price upwards.

Standard Chartered’s Bitcoin Price Prediction

Standard Chartered had previously increased its end-of-2024 Bitcoin price prediction to $150,000. In a recent report, the bank expressed a long-term bullish outlook for Bitcoin, ... Read the full article for FREE at COINOTAG!