#Standard Chartered Predicts Bitcoin to Hit All-Time High Before U.S. Presidential Election
Explore tagged Tumblr posts
Text
Standard Chartered Predicts Bitcoin to Hit All-Time High Before U.S. Presidential Election
According to Standard Chartered, Bitcoin may see a new all-time high of $74,000 before the U.S. presidential election in November 2024. Geoff Kendrick, the head of digital assets research at the bank, attributes this forecast to several key factors, including a steeper U.S. Treasury yield curve, growing interest in Bitcoin exchange-traded funds (ETFs), and the possibility of Donald Trump’s…
#bank news#banking news#Bitcoin#Bitcoin ETF#bitcoin exchange-traded funds#crypto#December options#ETF#finance#Geoff Kendrick#institutional investment#standard chartered bank#Standard Chartered Predicts Bitcoin to Hit All-Time High Before U.S. Presidential Election#technology#Treasury yield#U.S. presidential election
1 note
·
View note