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Trump’s potential return could catalyze major uptick in alt investments like Bitcoin – StanChart

  • A Standard Chartered report suggests that a second term for Donald Trump could lead to a significant boost in Bitcoin and other digital assets as alternative investments.
  • The report explores the potential impact of US fiscal policies under a potential Trump administration on the adoption of cryptocurrencies.
  • Standard Chartered predicts a target price of $150,000 per Bitcoin by the end of 2024 and $200,000 by the end of 2025.
  • The report also highlights the potential regulatory environment under a Trump presidency, with potential approval of US spot exchange-traded funds for cryptocurrencies.

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