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Crypto News: Standard Chartered Endorses Bitcoin Amid Global Trade Tensions

  • Standard Chartered believes Bitcoin could be a major gainer from rising tariff risks and considers it a hedge against geopolitical shifts.
  • Bitcoin has experienced a 7% decline in the past week and 11% in the past month; however, Standard Chartered remains optimistic about its performance.
  • Bitcoin's resilience during market turmoil has outperformed many top-tier stocks, except for Microsoft and Google.
  • Geoffrey Kendrick, head of digital asset research at Standard Chartered, predicts that Bitcoin could reach $500,000 by 2028.

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