Bitcoin's Bullish Future: Analysts Predict Major Price Surges by 2025

1 min read
Source: Benzinga
Bitcoin's Bullish Future: Analysts Predict Major Price Surges by 2025
Photo: Benzinga
TL;DR Summary

Standard Chartered predicts Bitcoin could reach $200,000 by the end of 2025, driven by strong institutional inflows and increased adoption by traditional financial institutions. Geoffrey Kendrick notes that institutional demand has already pushed Bitcoin past $100,000, with significant purchases from U.S. spot ETFs and companies like MicroStrategy. The report highlights the potential impact of U.S. retirement and sovereign wealth funds, with regulatory changes expected to facilitate greater participation from traditional finance.

Share this article

Reading Insights

Total Reads

0

Unique Readers

2

Time Saved

1 min

vs 2 min read

Condensed

81%

37071 words

Want the full story? Read the original article

Read on Benzinga