StanChart Bank Bitcoin May Reach 100000 Before US Election

In a recent interview, Geoffrey Kendrick, the head of foreign exchange and digital asset research at Standard Chartered Bank, stated, “With the approaching US election, I expect the price of Bitcoin to reach $100,000, and if Trump wins, it will 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 then Biden vetoed efforts to repeal SAB121. So Trump is still more friendly than Biden.”