- Bitcoin will double to $200,000 by the end of 2025, according to Standard Chartered’s price target
- Standard Chartered expects institutional flows into Bitcoin to continue at or above the 2024 pace
- The bank previously expected Bitcoin to reach $100,000 by the end of 2024 when it was trading around $27,000 in April 2023
The global banking giant, Standard Chartered, has predicted that Bitcoin will experience a significant rise, doubling to $200,000 by the end of 2025. This forecast is based on the substantial growth the cryptocurrency has exhibited, particularly in recent years.
The Unprecedented Surge of Bitcoin
As Bitcoin’s price barreled past the $100,000 mark for the first time in late 2025, Standard Chartered made a bold prediction. According to a note by analyst Geoff Kendrick, the bank believes Bitcoin’s value could potentially double by the end of the following year. This projection sets Bitcoin’s end-of-2025 price target at an astounding $200,000.
Factors Influencing Bitcoin’s Growth
Kendrick further commented that Standard Chartered would become more bullish on Bitcoin if there was a quicker adoption rate by US retirement funds, global sovereign wealth funds (SWFs), or the potential establishment of a US strategic reserve fund. He highlighted that the firm anticipates continued institutional flows at or above the current pace in 2025. Moreover, MicroStrategy, which is ahead of its USD 4.2 billion three-year plan, is expected to match or even exceed its 2024 Bitcoin purchases in 2025.
Bitcoin’s Performance After US Elections
Since President-elect Donald Trump‘s victory in the November 5th election, Bitcoin, which has surged by over 140% year-to-date, has seen a further increase of 48%.
Predictions from the Past
Kendrick also recollected on Standard Chartered’s previous prediction made in April 2023. At that point, when Bitcoin was trading around the $27,000 level, the bank had expected the digital currency to rise to $100,000 by the end of 2024. The current market trend shows that this prediction is well on track to becoming a reality.
Conclusion
With the continuous and rapid growth of Bitcoin, it is evident that the cryptocurrency market is a force to be reckoned with. Standard Chartered’s prediction of a $200,000 Bitcoin value by the end of 2025 underscores the potential and power of this digital currency. Only time will tell whether this bold prediction will come to fruition.
