Standard Chartered says Bitcoin could hit US$100000 by US election day

July 04, 2024 at 12:45AM
Standard Chartered analysts on BTC:

if Biden drops out, the price of bitcoin could drop to $50,000

bitcoin prices will stay soft if Biden is supplanted by alternative candidates

But, otherwise:

BTC to 100K USD by election day (Trump favours crypto over Biden)

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Previously Barclays had an end-2024 price estimate to $150,000

This article was written by Eamonn Sheridan at www.forexlive.com.

Standard Chartered says Bitcoin could hit US$100000 by US election day