Standard Chartered Bank predicts Bitcoin will rise to $500,000 during Trump's tenure

Reprinted from panewslab
02/05/2025·2MAccording to Decrypt, Standard Chartered predicts that Bitcoin will rise to $500,000 during Trump's term, close to half of its gold market value. BTC is expected to reach US$200,000 in 2025, rise to US$300,000 in 2026, exceed US$400,000 in 2027, and reach US$500,000 in 2028, with a total market value of US$10.5 trillion. The main driving factors include Bitcoin spot ETFs attracting $39 billion inflows, improving the regulatory environment in the United States, and the Trump administration’s consideration of establishing a national digital asset reserve. Standard Chartered believes that as volatility declines, Bitcoin's share in the portfolio will increase, attracting more traditional investors and driving long-term gains.