Standard Chartered: BTC will soar to $200,000 in 2025
With the potential approval of a Bitcoin ETF in the US, Standard Chartered analysts expect the first cryptocurrency to show unprecedented growth and reach $200,000 in 2025. Standard Chartered experts compared the expected launch of Bitcoin ETFs with gold ETFs, which once revolutionized the market. Analysts recalled that the first gold ETF in the US – SPDR Gold Shares (GLD) – was introduced in 2004 and is now the world’s largest ETF. “We expect Bitcoin…
