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International Business Times
International Business Times
Business
Marvie Basilan

Standard Chartered Sees Bitcoin Hitting $150K By Year-End, Possibly $250K In 2025

Bitcoin Standard Chartered SEC Cryptocurrency ETF
Standard Chartered has joined the bull circle in its 2024-2025 predictions on Bitcoin prices. (Credit: Kostenlose Bilder mit KI/flickr)

KEY POINTS

  • Standard Chartered analysts said they now 'see potential' for BTC prices to hit $150K at the end of the year
  • The bank said it's possible Bitcoin can hit $250K in 2025 if spot BTC ETF inflows reach mid-point estimates of $75 billion
  • Standard Chartered also said it sees Ether soaring to $8,000 if spot ETH ETFs are approved in May

British cross-border bank Standard Chartered on Monday hiked its year-end Bitcoin (BTC) price prediction to $150,000 from its initial projection of $100,000 following the recent bull run of the world's first decentralized cryptocurrency.

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