Bitcoin Price Around $200,000 “Achievable” By 2025 End, Standard Chartered Says

Quick Summary:

Bitcoin (BTC) price surged beyond $100,000 yesterday, propelled by multiple positive developments throughout the year.

The flagship cryptocurrency’s ascent has led Standard Chartered to predict that BTC could double in price to $200,000 by the end of 2025.

In a note shared earlier today, Standard Chartered analyst Geoff Kendrick remarked that the firm’s BTC target by end of 2025 of around $200,000 is “achievable.

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Article Details

Author / Journalist: Ash Tiwari

Category: Crypto

Markets: Hungary

Topics: Crypto Regulations Cathie wood Bitcoin Bitcoin News BTCUSDT Btc ARK Investment Crypto Blockchain Bitcoin price Standard Chartered Cryptocurrency Gold

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-06 @ 07:00:15 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 446 words

Reading Time: 3 minutes read

Sentences: 50 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 24163923

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