Bitcoin could reach $100K by year-end, driven by several catalysts including recent banking crisis, end of U.S. Fed tightening and halving, said Standard Chartered Bank. LedesmaLyllah reports.
), has potential to reach levels of $100,000 by the year-end, according to a research report by Standard Chartered Bank.banking-sector crisis
“Against this backdrop, bitcoin has benefited from its status as a branded safe haven, a perceived relative store of value and a means of remittance,” analyst Geoff Kendrick said in the report. Bitcoin has gained 65% since the start of the year, rising above the $30,000 mark last week, for the first time in almost a year.
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