{"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 &#8211; Standard Chartered"},"content":{"rendered":"<p>He links this potential surge to easier investor access and reduced market volatility, particularly as institutional participation grows.<\/p>\n<p>Kendrick highlights the impact of U.S. spot <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a><\/strong> ETFs, which launched in early 2024 and have already attracted substantial inflows.<\/p>\n<p>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<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-faces-challenges-amid-liquidity-concerns-and-slow-progress-on-strategic-reserve\/\" title=\"Bitcoin Faces Challenges Amid Liquidity Concerns and Slow Progress on Strategic Reserve\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/bitcoin-2582593_1280-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin Faces Challenges Amid Liquidity Concerns and Slow Progress on Strategic Reserve<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>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<p>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<p>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 <strong><a href=\"https:\/\/x.com\/DeItaone\/status\/1887106733622870491?fbclid=IwY2xjawIQcXtleHRuA2FlbQIxMAABHeX3e-n0R5aGDry2IQmr0Jbi8ZeWDFHsGoPA_D9RVcEYisWOYqELdk65Ig_aem_pYc3du_RKIFc2_lyum6pBA\" target=\"_blank\" rel=\"nofollow\">reaching<\/a> <\/strong>$500,000 before 2029.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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],"class_list":["post-148748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - 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