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Standard Chartered Bank: Institutional investors may drive BTC and ETH prices to reach $200,000 and $10,000 respectively

Standard Chartered Bank: Institutional investors may drive BTC and ETH prices to reach $200,000 and $10,000 respectively

Bitget2025/01/23 12:58

Standard Chartered Bank's Global Digital Assets Research Director Geoff Kendrick stated that the inflow of institutional investors' funds could drive up the prices of Bitcoin and Ethereum. He predicts that by the end of 2025, the prices of Bitcoin and Ethereum will reach $200,000 and $10,000 respectively. He expects that in 2025, institutional funds flowing into Bitcoin will exceed the level in 2024, with additional funds possibly coming from long-term investment funds such as pension funds. At the same time, he pointed out that the inflow of institutional funds may suppress the strength of smaller coins.

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