The price of Bitcoin (BTCAccording to the Standard Chartered, by 2028, it could increase investor access and reduced volatility to $500,000, which will help to use it as a unique hedge for the issues plaguing traditional finance.
As the one-year-old U.S. exchange fund (ETF) market matures, Geoffrey Kendrick, global head of digital asset research, wrote in a note that the largest cryptocurrency may become less so fluctuation.
He wrote that under the Trump administration, the opportunity to obtain BTC is improving and institutional inflows will become the development of Bitcoin ETFs. Kendrick wrote.
It’s “enough to raise Bitcoin to $500,000 and then before Trump leaves the office.”
The bank’s year-end price target for cryptocurrencies is $200,000. The 2026 target is $300,000.
Bitcoin is currently trading at about $98,000, and the Bitcoin gold ratio has recently reached The lowest level since mid-November As the continued focus on the U.S.-China trade war has increased and China’s demand has increased.
