Standard Chartered forecasts a dramatic price surge, predicting that Bitcoin will reach a whopping $200,000 by 2025.

Standard Chartered Bank’s executive, Geoff Kendrick, predicts that Bitcoin could reach a new all-time high of $125,000 by the end of the year, potentially even exceeding $200,000. He cites three factors for this prediction: the possible removal of Staff Accounting Bulletin-121 (SAB-121), which prohibits banks from holding cryptocurrencies for clients; changes in the US political climate, with the appointment of a new SEC chair who is more favorable to the crypto industry; and macroeconomic factors, including the potential for the 10-year yield to surpass the two-year yield, which could increase the price of Bitcoin. Other analysts, including Mark Palmer from Benchmark Company, also predict significant price increases for Bitcoin, with some even estimating it could reach $225,000 by 2026. However, investors are advised to monitor market sentiment and conditions closely, as the cryptocurrency market is known for its volatility.