Bitcoin Could Reach $200,000 as Market Rebounds

A recent $19 billion cryptocurrency market crash may present a buying opportunity, with some analysts suggesting it could propel Bitcoin beyond $200,000 by the end of 2025. This optimism stems from Geoff Kendrick, Standard Chartered’s global head of digital assets research, who forecasts this price surge is supported by factors like expanding DeFi applications and rising institutional investments. However, a lack of investor inflows into US-based Bitcoin ETFs continues to limit Bitcoin’s growth potential. Despite the market correction, experts believe it will rebound as stability returns. This prediction comes after a record $19 billion liquidation event last week which pushed Bitcoin’s price down to a four-month low and impacted other cryptocurrencies. Kendrick believes that despite recent tariff threats from US President Donald Trump, the future of Bitcoin remains promising. His forecast suggests that Bitcoin could reach $200,000 by year-end, even under the scenario of higher interest rates as projected by the US Federal Reserve. The article explores several factors contributing to this optimistic outlook including Aave’s proposed $50 million annual token buyback program and China’s approval of its first Solana ETF.