Standard Chartered Predicts Bitcoin Will Rise to $500,000 During Trump's Term
On February 5th, according to Decrypt, Standard Chartered (Standard Chartered) predicts that Bitcoin will rise to $500,000 during Trump's term, which is close to half of the market value of gold. It is expected that BTC will reach $200,000 in 2025, rise to $300,000 in 2026, break through $400,000 in 2027, and touch $500,000 in 2028, with a total market value of $10.50 trillion. The main drivers include the bitcoin spot ETF attracting $39 billion inflows, improving regulatory environments in the United States, and the Trump administration considering the establishment of a national digital asset reserve. Standard Chartered believes that as volatility decreases, Bitcoin's share in the portfolio will increase, attracting more traditional investors and driving long-term gains.