Standard Chartered: Bitcoin Could Reach $200,000 by End of 2025
2024-12-05 10:00:20
Hit banking global digital assets research supervisor geoff kendrickdesk3cryptocurrencydesktopCrypto News
Geoff Kendrick, global head of digital asset research at Standard Chartered, said in a report that the flow of funds in bitcoin this year has been dominated by institutional investors, and this situation should continue, with bitcoin likely to reach $200,000 by the end of 2025 after breaking through $100,000. So far this year, institutions have bought 683,000 bitcoins through US spot ETFs, and MicroStrategy has bought 245,000 bitcoins, a significant portion of which were purchased after the US Presidential Election. "In 2025, we expect institutional inflows to maintain or exceed the 2024 rate," Kendrick said. In addition, pension funds currently hold a smaller proportion of bitcoin ETFs, but this proportion is expected to increase in 2025 due to changes in US regulatory policy.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
渣打银行：比特币到2025年底可能达到20万美元Next article：
每日美盘前的技术面汇总，今天6个主流交易品种有做空机会，其中商品2个，外汇4个！
