<ul data-eligibleForWebStory="false"><li>Geoff Kendrick, head of digital assets research at Standard Chartered, predicts Bitcoin could surpass $135,000 in Q3 driven by growing institutional interest.</li><li>Standard Chartered had earlier projected a $500,000 target for Bitcoin by the end of Trump's presidency, citing market shifts and increased adoption.</li><li>Despite Bitcoin trading around $107,000 currently, the bank is optimistic for future quarters due to rising flows into spot ETFs and corporate BTC accumulation for treasury reserves.</li><li>Kendrick argues that the current Bitcoin cycle has deviated from past patterns as institutional demand counteracts post-halving declines, with recent data showing firms adding significant BTC to their treasuries.</li></ul>

Standard Chartered Sees Bitcoin Surging Past $135K in Q3

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