Standard Chartered says bitcoin could hit $100,000 ahead of US elections

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 53%

Bitcoin News

Coin Coin Latest News,Coin Coin Headlines

Standard Chartered's Geoff Kendrick expects bitcoin to hit $100,000 ahead of the U.S. presidential elections in November of this year.

Bitcoin's price could increase to $100,000 ahead of the U.S. presidential election in November, according to Standard Chartered.

The Standard Chartered analyst pointed to tomorrow’s Non-Farm Payrolls data and noted that, if they are "friendly," he expects a fresh all-time-high for bitcoin's price to be reached over the weekend. "This would open the way for $80,000 by end-June," he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SOL, XPR Could Be Possible Candidates for ETFs, Standard Chartered SaysHelene is a New York-based reporter covering Wall Street, the rise of the spot bitcoin ETFs and crypto exchanges. She is also the co-host of CoinDesk's Markets Daily show. Helene is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.
Source: CoinDesk - 🏆 291. / 63 Read more »

Solana and XRP ETFs may be on the cards in 2025, Standard Chartered analyst saysEthereum Exchange Traded Fund (ETF) approval news has renewed optimism on Solana and XRP ETFs approval in 2025.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Bitcoin coils up for 20% climb, Standard Chartered forecasts more gains for BTCBitcoin (BTC) price remains devoid of directional bias, trading sideways as part of a horizontal chop.
Source: FXStreetNews - 🏆 14. / 72 Read more »