Standard Chartered: Bitcoin Could Hit $100,000 Ahead of U.S. Election
2024-06-06 10:14:24
"With the US election looming, I expect bitcoin to hit $100,000 and $150,000 by the end of the year if Trump wins," said Geoffrey Kendrick, head of FX and digital asset research at Standard Chartered. "The Biden administration recently showed pragmatism in approving a spot ether ETF, but then Biden vetoed efforts to repeal SAB121. So Trump is still friendlier than Biden."
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