Standard Chartered Bank Maintains $200,000 Bitcoin Price Forecast for End of 2025

Jeff Kendrick, Head of Digital Assets Research at Standard Chartered Bank, reaffirmed on the 2nd that the price target for Bitcoin (BTC) by the end of 2025 is $200,000. In a memo to clients, he mentioned that Bitcoin could reach $135,000 within a few weeks. Previously in July, he had predicted that this level would be reached by September 30, but the pace has slowed since then. Since the listing of a Bitcoin spot ETF (Exchange Traded Fund) in the US, the total net inflow has reached approximately $60 billion, of which $23 billion has been added this year alone...