{"id":148748,"date":"2025-02-06T08:00:35","date_gmt":"2025-02-06T06:00:35","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=148748"},"modified":"2025-02-05T18:30:57","modified_gmt":"2025-02-05T16:30:57","slug":"bitcoin-will-hit-500000-by-2028-standard-chartered","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-will-hit-500000-by-2028-standard-chartered\/","title":{"rendered":"Bitcoin Will Hit $500,000 by 2028 – Standard Chartered"},"content":{"rendered":"
He links this potential surge to easier investor access and reduced market volatility, particularly as institutional participation grows.<\/p>\n
Kendrick highlights the impact of U.S. spot Bitcoin<\/a><\/strong> ETFs, which launched in early 2024 and have already attracted substantial inflows.<\/p>\n He argues that as these ETFs mature and financial instruments like options expand, Bitcoin\u2019s volatility will decline, making it more attractive to long-term investors.<\/p>\n Drawing a parallel to gold\u2019s price trajectory after the introduction of exchange-traded products, he anticipates Bitcoin will experience a similar rapid appreciation.<\/p>\n Further optimism stems from regulatory changes under the Trump administration, including the removal of accounting restrictions on corporate Bitcoin holdings and a push to evaluate a national digital asset reserve.<\/p>\n Kendrick believes these factors will fuel institutional adoption and drive Bitcoin\u2019s price through key milestones\u2014$200,000 by the end of 2025, $300,000 in 2026, and ultimately reaching<\/a> <\/strong>$500,000 before 2029.<\/p>\n","protected":false},"excerpt":{"rendered":" Standard Chartered\u2019s Geoffrey Kendrick envisions a dramatic rise for Bitcoin, forecasting a price of $500,000 by 2028.<\/p>\n","protected":false},"author":9,"featured_media":30896,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72,224,384,108,122],"coin_category":[],"class_list":["post-148748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-gold","tag-optimism","tag-price","tag-trump"],"acf":[],"yoast_head":"\nRead More:<\/h5>\n \n
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