With the Cryptocurrency market that flourishes since November last year, there are high hopes for its potential. Among the most hikes on the asset class are Standard Chartered Bank, which projects it Bitcoin (BTC) Can reach $ 500,000 before US President Donald Trump leaves his office.
In fact, $ 870 billion asset managers have said that the leading crypton can increase before 2028 ends. Specifically, analysts Geoffrey Kendrick has noted that improved access and limited volatility can drive the token at a monumental record price.
Just in: $ 870 billion Asset Manager Standard Chartered Bank says Bitcoin can reach $ 500,000 before President Trump leaves its access.
– watcher.guru (@watcherguru) February 5, 2025
Standard Chartered expects Bitcoin will hit $ 500,000 by 2028
The beginning of the year has been particularly up and down for the Cryptocurrency market. Bitcoin has struggled to maintain a position over the $ 100,000 mark despite growing favorable regulation in the United States. But it has not prevented experts from becoming more and more hungry at their price.
Ark Invest has recently predicted that the leading crypto reaches a Price of $ 1.5 million. They really are not alone. $ 870 billion Asset Manager Standard Chartered Bank has said that Bitcoin can reach a price of $ 500,000 before US President Donald Trump leaves his office in 2028.
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In a research note on Wednesday, Kendrick noted that Spot Bitcoin ETFS has been monumental to increase access. The investment vehicle has already raised $ 39 billion in net inflows. As that market continues to mature, they note that it can be crucial to its growth. In addition, Kendrick expects even more pro-crypto legislation from the PRO-Crypto president. It will only set it to continue winning into its second term.