British multinational bank Standard Chartered predicts that the price of Bitcoin will reach $500,000 before the end of US President Donald Trump's term. The bank expects this increase to occur due to a more friendly regulatory environment and increased investor access.

Standard Chartered predicts that the price of Bitcoin will reach $200,000 in 2025, $300,000 in 2026, $400,000 in 2027, and will reach $500,000 in 2028 and stabilize. Bitcoin, which is currently at the $98,500 level, has gained 43% in value since Trump's election victory in November.
Bitcoin ETFs and regulatory changes will have an impact
According to Standard Chartered's forecast, this rise of Bitcoin will be supported by the impact of Bitcoin spot exchange-traded funds (ETFs) introduced in the US in January 2024. The bank stated that these ETFs have attracted a net inflow of $39 billion so far, which has increased the demand for Bitcoin.
Geoff Kendrick, the Director of Digital Asset Research at the Bank, stated that the regulatory environment in the US has become more friendly and this is an important step. In particular, it was noted that the removal of SEC's Staff Accounting Bulletin (SAB) No. 121 has had a positive impact on the industry. This change means the removal of the rule that requires companies to record crypto assets as balance sheet obligations.
Institutional investor interest may increase
Kendrick noted that with the decrease in Bitcoin price volatility, traditional investors may show more interest in this asset. Lower volatility could make Bitcoin more attractive in optimized portfolios alongside gold.
Standard Chartered stated that regulatory changes and increased investor access will support Bitcoin prices in the long term and enable investor portfolios to achieve a more rational structure.
Short-term predictions for Bitcoin
Geoff Kendrick predicts that the price of Bitcoin could reach $130,000 within the next two months. Bitcoin reached a new peak last month, rising to $109,500. After the peak, Bitcoin fluctuated between $102,000 and $106,000 for a while. This week, Bitcoin dropped to $91,000 due to global developments and is striving to find balance above $97,500.