Captured By Tracy D'souza / 4:20 pm on 28 May 2025
Standard Chartered predicts Bitcoin could reach $200,000 by the end of 2025, driven by strong institutional adoption, increased ETF inflows, and its growing appeal as a financial hedge. The bank's Global Head of Digital Assets Research, Geoffrey Kendrick, also envisions a long-term target of $500,000 by 2028, citing rising interest from sovereign entities and major investors. These bullish forecasts reflect confidence in Bitcoin's expanding role in the global financial system. However, the prediction depends on sustained institutional momentum and regulatory support. As of now, Bitcoin trades around $108,753, highlighting ongoing volatility and sensitivity to market and policy developments.
