[Standard Chartered Bank Lowers 2025 Bitcoin Price Prediction to $100,000] In a report released on Tuesday, Standard Chartered Bank stated that it has halved its 2025 Bitcoin price prediction to $100,000. At the same time, the bank has postponed its long-term target of $500,000 to 2030, which was originally set for 2028. The bank’s analyst Geoffrey Kendrick noted that this downgrade is due to a reassessment of demand expectations, including the fact that aggressive corporate purchases by entities such as MicroStrategy have “ended,” and institutional adoption via ETFs has been slower than anticipated. Kendrick said that future Bitcoin price increases will be “driven solely by ETF purchases.” Currently, Bitcoin’s quarterly ETF inflows have dropped to 50,000 BTC, the lowest level since the launch of US spot Bitcoin ETFs. By comparison, in Q4 2024, quarterly ETF and digital asset treasury purchases totaled 450,000 BTC.
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Standard Chartered Bank Lowers 2025 Bitcoin Price Forecast to $100,000
[Standard Chartered Bank Lowers 2025 Bitcoin Price Prediction to $100,000] In a report released on Tuesday, Standard Chartered Bank stated that it has halved its 2025 Bitcoin price prediction to $100,000. At the same time, the bank has postponed its long-term target of $500,000 to 2030, which was originally set for 2028. The bank’s analyst Geoffrey Kendrick noted that this downgrade is due to a reassessment of demand expectations, including the fact that aggressive corporate purchases by entities such as MicroStrategy have “ended,” and institutional adoption via ETFs has been slower than anticipated. Kendrick said that future Bitcoin price increases will be “driven solely by ETF purchases.” Currently, Bitcoin’s quarterly ETF inflows have dropped to 50,000 BTC, the lowest level since the launch of US spot Bitcoin ETFs. By comparison, in Q4 2024, quarterly ETF and digital asset treasury purchases totaled 450,000 BTC.