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Bitcoin Can Hit $200K By Year-End 2025 Amid Continuing US Asset Reallocation: Standard Chartered

Bitcoin
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Bitcoin Michael Förtsch/Unsplash KEY POINTS$BTC may hit $120,000 this quarter and trade as high as $200,000 by the end of 2025: KendrickUS investors are reallocating their assets, including reallocations from gold to Bitcoin, he saidBitcoin plunged below $75,000 earlier this month, but has since recovered above $90,000Bitcoin is on track to hit new all-time highs this year and potentially this quarter as investors continue to pull their money out of U. S. assets and reallocate them to the world's largest cryptocurrency by market cap, an analyst with multinational bank Standard Chartered said in a note Monday.

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