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.