In a recent interview, Geoffrey Kendrick, the director of foreign exchange and digital asset research at Standard Chartered Bank, stated, “With the upcoming US 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 attitude towards approving a spot Ethereum ETF, but Biden later vetoed efforts to repeal SAB121. So Trump is still seen as more friendly than Biden.”