$200,000 Bitcoin By 2025? Bank Exec Says Election Won’t Stop Crypto’s Surge

An executive of Standard Chartered, Geoffrey Kendrick, has drawn attention in recent days in finance circles with an extremely vivid declaration that Bitcoin may reach $200,000 at the end of 2025.

This time, against a backdrop of increased interest in cryptocurrencies and increasing institutional investment, he remains optimistic on several factors that, he believes, will drive demand for Bitcoin, regardless of external economic conditions or the upcoming US presidential election.

Drivers Behind The Prediction

Kendrick claims that a number of factors could propel the price of BTC to previously unheard-of heights. The first is institutional investors’ acceptance of Bitcoin as a valid asset class. Capital worth millions of dollars has already poured into the recently launched Bitcoin ETFs.

In fact, over $14 billion have entered Bitcoin ETFs since these products debuted. This, of course, will not only fill the crypto market with liquidity but also shed more light upon its credibility as an alternative investment.

“#Bitcoin to Hit $200K THIS Cycle Regardless of Election” – Bank Exec

Live 4pm ET: https://t.co/JhOlAKIMjH

— Crypto News Alerts Read More