Standard Chartered on BTC, maintains a bullish long-term outlook, forecasting Bitcoin could reach $200,000 by the end of 2025.
Bitcoin's price movements are driven by broader market risks rather than factors specific to the cryptocurrency.On a volatility-adjusted basis, Bitcoin has performed similarly to major assets like Tesla, Meta, and Apple.A recovery in Bitcoin’s price may depend on a broader rebound in risk assets or positive developments, such as sovereign Bitcoin purchases.Clarity on tariffs or swift Federal Reserve rate cuts could act as catalysts for a Bitcoin rebound.Estimates suggest a 75% probability of a Federal Reserve rate cut by May.Caveat:
---
Bitcoin up
This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about standard chartered forecasting bitcoin could reach 200 000 by the end of 2025 was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Standard Chartered forecasting Bitcoin could reach $200,000 by the end of 2025 )
Last updated :
Also on site :
- Manchester United vs Newcastle Prediction: Heavyweights Meet in Premier League’s Only Boxing Day Clash
- Sanofi to Acquire Dynavax, Adding a Marketed Adult Hepatitis B Vaccine and Phase 1/2 Shingles Candidate to the Pipeline
- Australian Productivity Commission’s Final Report on AI Rules Out Changes to Copyright Law