Standard Chartered Revises Bitcoin Price Predictions
- Standard Chartered has halved its Bitcoin price forecast for the end of 2025 to $100,000.
- The bank’s long-term Bitcoin target of $500,000 is now expected by the year 2030.
- Quarterly ETF inflows have decreased to their lowest level since launch, at just 50,000 BTC.
- Analyst Geoffrey Kendrick cites a slowdown in institutional adoption and diminishing corporate buying as factors for the revised outlook.
- Bitcoin is trading at $90,600, reflecting a decrease of approximately 1.3% over the past day.
The revised forecasts from Standard Chartered reflect a recalibrated demand expectation for Bitcoin due to reduced corporate purchases and slower ETF inflows. The bank’s updated timeline suggests that significant price growth may now rely more heavily on institutional interest through ETFs rather than aggressive corporate acquisition strategies.
Despite these adjustments, Bitcoin remains a key asset with potential growth driven by evolving market dynamics and monetary policy shifts. (Source)
