Standard Chartered has stated that Bitcoin could hit a new peak of 120,000 USD in Q2 2025, driven by significant inflows into Bitcoin ETFs and aggressive investment strategies by institutions like MicroStrategy, which currently holds over 53.8 billion USD in Bitcoin.
The bank highlights that institutional acceptance is increasing, with sovereign wealth funds and local governments in the U.S. Showing greater interest in Bitcoin. This trend is contributing positively to Bitcoin’s market momentum, suggesting a favorable outlook for its price in the near future.
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