Standard Chartered Predicts Bitcoin Price Surge to $200,000 by 2025

Standard Chartered’s Kendrick predicts a potential surge in Bitcoin prices for the coming years. He highlights political pressure on central banks as a driving force behind this optimism. This is driven by Bitcoin’s ability to serve as a safe haven during times of government-sector instability. 10-year U.S. Treasury term premium, currently at its highest point in 12 years, aligns with Kendrick’s analysis, suggesting potential for Bitcoin to align with the long-term interest rate anxieties.