Standard Chartered Bank: BTC may rise to $200,000 and ETH to $10,000 driven by institutional investors

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ODAILY
01-23
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Odaily reports that Geoff Kendrick, Head of Global Digital Asset Research at Standard Chartered, stated that inflows of institutional capital could drive up the prices of Bitcoin and Ethereum. He expects the prices of Bitcoin and Ethereum to reach $200,000 and $10,000 respectively by the end of 2025. He anticipates that institutional capital flowing into Bitcoin in 2025 will exceed 2024 levels, with potential new inflows coming from long-term investment funds such as pension funds. He also pointed out that the influx of institutional capital may dampen the intensity of the altcoin season. ()

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