Bitcoin (BTC), the world’s leading cryptocurrency, recently hit an all-time high. This surge came as the Republican presidential candidate’s victory in the U.S. election seemed inevitable. According to analysts from UK bank Standard Chartered, Bitcoin’s rise above $75,000 is just the beginning.
Geoff Kendrick predicts Bitcoin will reach $125,000 by the end of this year and soar to $200,000 by the end of 2025. This forecast aligns with similar estimates made earlier this month by analysts at research and brokerage firm Bernstein. Kendrick attributes the rally to Trump’s promises of removing SEC Chair Gary Gensler and transforming the U.S. into a “Bitcoin superpower.”
Bitcoin (BTC): Analysts Expect A Surge In The Coming Weeks
Standard Chartered noted significant investor interest in Bitcoin options trades around the $75,000 level. This interest indicates that the cryptocurrency is likely to hit that mark within the coming weeks. On the regulatory front, Kendrick expects Trump to reverse Biden’s veto of SAB 121.
Kendrick also believes that Trump’s financial policies could fuel inflation. If this happens, it would be beneficial for assets like Bitcoin. Also, the spot Bitcoin exchange-traded funds are expected to play a key role in driving Bitcoin’s price past $200,000 within the next year, according to the Standard Chartered analyst.
FX Guys ($FXG): A Forex Trading Platform That Grants Access To Funding
FX Guys ($FXG) is taking the crypto world by storm with a novel offering drawing traders and investors seeking the best crypto to buy now. As a proprietary trading firm, FX Guys offers access to real trading capital across multiple asset classes. One of FX Guys’ standout offerings in forex trading is the Trader Funding Program.
In this feature, top traders who pass FX Guys’ trading evaluations and challenges can access a funded account with up to $500,000 and keep 80% of their profits. This approach enables traders to achieve significant earnings without investing large sums upfront. Also, the FX Guys’ trading platform has no buy or sell tax, making it an attractive option for those looking for the best crypto coins to buy now.
FX Guys ($FXG): Rewarding Traders Regardless Of Their Trading Outcome
The Trade2Earn program is another innovative way to reward traders for their activity, regardless of trading outcomes. With each trade, participants earn tokens, building a dynamic environment where continuous engagement is rewarded. This incentivizes performance and nurtures growth, a rare find in forex trading and crypto spaces.
The FX Guys staking mechanism adds yet another layer of appeal as the best crypto to buy now. This feature empowers $FXG holders with the flexibility to decide how to participate in the token’s growth. Stakers can earn up to 20% of annual profits from trading volume, distributed based on their share in the staking pool.
Conclusion
While Bitcoin is experiencing a price dip, FX Guys’ commitment to empowering traders and providing access to substantial trading capital makes it outstanding. FX Guys is more than a platform; it’s a game-changer in forex trading and cryptocurrency. As it continues to gain traction, FX Guys has established itself as one of the best crypto coins to buy now for huge gains.
To find out more about FX Guys follow the links below:
Website | Whitepaper | Socials | Audit
Exclusive FX Guys Promo Code:
The post Bitcoin Price Forecast: BTC To Hit $125,000 After Trump’s Win, Says Standard Chartered; FX Guys Draws Interest With Its Novel Offering appeared first on Metaverse Post.
