Standard Chartered Forecasts Bitcoin to Hit $500,000 by 2028

A recent report from Standard Chartered predicts a substantial surge in Bitcoin’s price, forecasting it could reach up to $500,000 by 2028. This projection aligns with the growing interest of institutional investors in cryptocurrencies. Standard Chartered highlights this shift through its analysis of investments in MicroStrategy Holdings (MSTR), a company that offers Bitcoin-related investment options.