In a recent interview, Geoffrey Kendrick, the Head of Foreign Exchange and Digital Assets Research at Standard Chartered Bank, stated: “With the approaching US presidential election, I expect the price of Bitcoin to reach $100,000, and if Trump wins, it could reach $150,000 by the end of the year.” “The Biden administration has recently shown a pragmatic approach in approving a spot Ether ETF, but Biden later vetoed efforts to abolish SAB121. So Trump is still seen as more crypto-friendly than Biden.”