Standard Chartered predicts Bitcoin could hit $100,000 by year-end

In the US, Bitcoin's price has surged significantly, with predictions from Standard Chartered's Geoff Kendrick suggesting it could reach $100,000 by year-end. This forecast follows a rally driven by short liquidations and recovering ETF inflows. Earlier this year, Kendrick had lowered the target to $100,000, but recent market dynamics have led him to reconsider. The US Treasury's decision to double long-dated bond buybacks is also seen as a positive factor for Bitcoin's growth.