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Standard Chartered Reaffirms Bitcoin End-of-Year Price Target of $200,000

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2025-10-05 03:50:43
Geoffrey Kendrick, head of digital asset research at Standard Chartered, on October 2 reiterated his goal of a $200,000 price for bitcoin by the end of the year. Kendrick said new ETF inflows and the U.S. government shutdown could push cryptocurrency prices further in the coming weeks.
In a note to clients, Kendrick said bitcoin is on track to break through all-time highs within days and could reach $135,000 in the coming weeks, slightly later than he had previously predicted.
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