Standard Chartered’s Geoffrey Kendrick predicts Bitcoin could hit $500,000 by 2028, driven by institutional inflows, improved investor access, and declining volatility.
"Although the near-term remains choppy for Bitcoin, the long-term is becoming clearer by the day," Standard Chartered said.
The bank expects institutional inflows into spot bitcoin ETFs to grow as volatility drops, leading to significant price appreciation in the long term.
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Bitcoin (BTC) price hovers around $97,000 on Wednesday after falling 3.5% the previous day. BTC still shows signs of weakness ...
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Bitcoin price hovers around $97,000 on Wednesday after falling 3.5% the previous day. President Trump’s crypto czar David ...
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While the short-term Bitcoin prospects depict bearish sentiment, the mainstream adoption will fuel the next thrilling phase.