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bitcoin

Bitcoin Price Around $200,000 “Achievable” By 2025 End, Standard Chartered Says

Ash Tiwari
by Ash Tiwari
9 months ago
·
Posted in Bitcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin (BTC) price surged beyond $100,000 yesterday, propelled by multiple positive developments throughout the year. The flagship cryptocurrency’s ascent has led Standard Chartered to predict that BTC could double in price to $200,000 by the end of 2025.

Bitcoin Can Double In Price By 2025 End, Predicts Standard Chartered

Bitcoin, the top digital asset with a market cap of more than $2 trillion when writing, has finally entered the six-figure price territory. Reinvigorated by Donald Trump’s victory in the US presidential election, BTC has climbed a remarkable 48% since November 5.

Related Reading: ‘Don’t Sell Your Bitcoin Yet’: Analyst Says BTC Price Will Hit $117,000 Once This Level Is Beat

In a note shared earlier today, Standard Chartered analyst Geoff Kendrick remarked that the firm’s BTC target by end of 2025 of around $200,000 is “achievable.” The analyst added:

We would turn even more bullish if BTC saw more rapid uptake by U.S. retirement funds, global sovereign wealth funds, or a potential US strategic reserve fund. In 2025, we expect institutional flows to continue at or above the 2024 pace. MicroStrategy is running ahead of its USD 42 billion three-year plan, so its purchases in 2025 should match or exceed its 2024 purchases.

ARK Invest CEO Cathie Wood had similar thoughts as she emphasized that despite Bitcoin hitting the $100,000 milestone, the digital asset is still in the “early innings.” In a post on X, Wood sounded optimistic about appointing pro-crypto Paul Atkins as the next Securities and Exchange Commission (SEC) chief.

She also referenced US Federal Reserve (Fed) chairman Jerome Powell’s recent remark describing BTC as a virtual, digital version of gold. Wood compared gold’s total market cap to that of Bitcoin, saying:

At $2,700, gold is a ~$15 trillion market, compared to bitcoin at only ~$2 trillion. Even after breaking through $100,000, bitcoin still is in early innings. Indeed, ARK Invest believes that Bitcoin is a much bigger idea than gold.

The chart below from CoinMarketCap shows the top assets in the world ranked by total market cap. While gold reigns supreme with a market cap of almost $18 trillion, BTC is steadily catching up with the precious metal. Notably, BTC has already surpassed silver in market cap.

asset market cap
Source: CoinMarketCap

The Case For Further Gains In BTC

Although Bitcoin has had an impressive year in price action, many sidelined investors may believe they have missed the boat. However, data seems to suggest quite the opposite.

Related Reading: Vancouver Mayor Pushes Bitcoin As Reserve Asset In Bold Financial Plan

According to a recent report, retail investors have yet to fully join the ongoing crypto bull market, suggesting the current rally is largely led by institutional investors. BTC surpassing the $100,000 price level may spark some interest in retail investors to begin buying cryptocurrencies and further fuel the current market rally.

A recent analysis by CryptoQuant predicts that Bitcoin may top $146,000 in this cycle. BTC trades at $101,585 at press time, up 6.9% in the past 24 hours.

bitcoin
BTC trades at $101,585 on the daily chart | Source: BTCUSDT on TradingView.com
Featured Image from Unsplash.com, Charts from CoinMarketcap and TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Ash Tiwari

Ash Tiwari

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Ash is a seasoned freelance editor and writer with extensive experience in the blockchain and cryptocurrency industry. Over the course of his career, he has contributed to major publications, playing a key role in shaping informative, timely content related to decentralized finance (DeFi), cryptocurrency trends, and blockchain innovation. His ability to break down complex topics has allowed both seasoned professionals and newcomers to the industry to benefit from his work. Beyond these specific roles, Ash's writing expertise spans a wide array of content, including news updates, long-form analysis, and thought leadership pieces. He has helped multiple platforms maintain high editorial standards, ensuring that articles not only inform but also engage readers through clarity and in-depth research. His work reflects a deep understanding of the rapidly evolving blockchain ecosystem, making him a valuable contributor in a field where staying current is essential. In addition to his writing work, Ash has developed a strong skill set in managing content teams. He has led diverse groups of writers and researchers, overseeing the editorial process from topic selection, approval, editing, to final publication. His leadership ensured that content production was timely, accurate, and aligned with the strategic goals of the platforms he worked with. This has not only strengthened his expertise in content strategy but also honed his project management and team coordination skills. Ash's ability to combine technical expertise with editorial oversight is further bolstered by his knowledge of blockchain analysis tools such as Etherscan, Dune Analytics, and Santiment. These tools have provided him with the data necessary to create well-researched, insightful articles that offer deeper market perspectives. Whether it’s tracking the movement of digital assets or analyzing blockchain transactions, his analytical approach adds value to the content he produces, ensuring readers receive accurate and actionable information. In the realm of content creation, Ash is not limited to just cryptocurrency markets. He has demonstrated versatility in covering other emerging technologies, market trends, and digital transformation across various industries. His in-depth research, coupled with a sharp editorial eye, has made him a sought-after professional in the freelance writing community. From developing editorial calendars to managing content delivery schedules, he has honed a meticulous approach to project management that ensures timely, high-quality work delivery. Throughout his freelance career, Ash has consistently focused on improving audience engagement through well-researched, insightful, and relevant content. His ability to adapt to the evolving needs of clients, whether it's enhancing the visibility of digital platforms or producing thought-provoking pieces for a wide range of audiences, sets him apart as a dynamic force in the field of digital content creation. His contributions have helped to shape a well-rounded portfolio that showcases his versatility, technical expertise, and dedication to elevating the standards of journalism in blockchain and related sectors.

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