Friday , 31 January 2025
Home Cryptocurrency Standard Chartered says Bitcoin could hit US$100,000 by US election day
CryptocurrencyForex

Standard Chartered says Bitcoin could hit US$100,000 by US election day

Standard Chartered analysts on BTC:

  • if Biden drops out, the price of bitcoin could drop to $50,000
  • bitcoin prices will stay soft if Biden is supplanted by alternative candidates

But, otherwise:

  • BTC to 100K USD by election day (Trump favours crypto over Biden)

***

Previously Barclays had an end-2024 price estimate to $150,000

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

ForexLive Asia-Pacific FX news wrap: Tokyo core CPI 1 year high, BOJ rate-hike bets alive

Core inflation in Tokyo climbed to 2.5%, its fastest annual increase in...

Core inflation in Tokyo climbed to 2.5%, its fastest annual increase in nearly a year

The data is here from earlier:Tokyo area January inflation data: Headline 3.4%...

Still no word from Trump on what he has decided on Canadian oil tariffs

Trump said on Thursday afternoon that he’d probably decide that evening on...

Federal Reserve Board Governor Michelle Bowman is speaking on Friday

0130 GMT / 0830 US Eastern time:Federal Reserve Board Governor Michelle Bowman...