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Standard Chartered: Bitcoin Could Hit Record High in August
Jeffrey Kendrick, head of FX and digital asset research at Standard Chartered, said: "Bitcoin prices are likely to hit new highs in August and top $100,000 by election day." Mr. Kendrick's forecast hinges on whether Joe Biden remains in the US presidential race - a scenario seen by markets as conducive to a Trump victory. Standard Chartered analysts see Mr. Trump as "positive on bitcoin", noting that the former president's chances of being elected are positively correlated with bitcoin prices. "...
2024-07-02 14:59:07
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