Bitcoin to Hit New High Soon, Says Standard Chartered
According to global financial institution Standard Chartered, Bitcoin (BTC) is on its way to a new all-time high. The bank anticipates BTC to climb to a new peak of $135,000 in the third quarter of this year. The bank further anticipates BTC to hit $200,000 by the end of 2025. Why Is Standard Chartered Bullish On Bitcoin? Source: Watcher.Guru According to the report shared with CoinTelegraph, increased corporate buying and large BTC ETF inflows are two primary reasons behind the bank’s bullish outlook. BTC ETFs have seen consistent inflows since June 6. The inflows did not stop even during volatile times, such as during the Israel-Iran conflict escalation. The first instance of outflows came on Tuesday, July 2. Also Read: Stock Exchange-Listed Firms Bought $26.2 Billion Bitcoin in 2025 Despite the bullish prediction, the bank does expect some volatility later this year. BTC could see a price dip in September or October 2025. According to Standard Chartered’s digital asset re...