@micheal-stewart
By the end of the year, Bitcoin and Ethereum will rise in price to $200,000 and $10,000, respectively, due to the demand of institutional investors through ETFs. This is stated in the Standard Chartered report, writes The Block.
"Institutional flows to bitcoin in 2025 will exceed last year's level. At the same time, fresh capital will come mainly from pension funds, " the experts specified.
After reaching the benchmarks, the "easy" altcoin season will begin due to a greater focus on the main cryptocurrencies. Support will be provided by the hype around the official meme coin of US President Donald Trump.
"TRUMP's global reach and growth rate signal a paradigm shift in capital formation as digital assets become more mainstream," the analysts said.
Earlier, Standard Chartered presented a scenario of bitcoin falling to $80,000.
According to Glassnode, after a sharp sell-off at $100,000, the number of coins owned by hodlers began to grow.
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