Standard Chartered: BTC will rise to $ 500,000 if Donald Trump is not the US president

Analysts at Standard Chartered predict that the price of bitcoin BTC $96,451.64 Bitcoin 0.28% Market capitalization $1.91 trillion VOL. 24 hours $1.02 billion could reach $ 500,000 before Donald Trump leaves office, Decrypt reports. They also expect the cryptocurrency to rise to $ 200,000 in 2025 and $ 500,000 in 2028. The main factor behind this growth is the expanded access of investors through bitcoin ETFs and a favorable regulatory environment in the United States.

In particular, Jeff Kendrick, Head of Digital Asset Research at Standard Chartered, noted that the repeal of SAB 121 will have a positive impact on the crypto market. He also drew attention to the Trump administration’s initiative to estimate the possible national stock of digital assets, which may encourage central banks to invest in bitcoin.

If the forecast comes true, the market capitalization of bitcoin will reach $ 10.5 trillion, which will exceed the value of companies such as Apple and Microsoft. Earlier, Ark Invest stated that bitcoin could reach $ 1.5 million by 2030.

In his turn, analyst Michael van de Poppe predicts that bitcoin may reach a new historical high in February if its rate remains above $ 93,000. At the same time, CryptoQuant experts note that a decline in financing rates for futures contracts may signal a new growth.

As a reminder, the cryptocurrency market suffered the largest liquidation in history after a sharp drop in prices on February 3, 2025. This happened against the backdrop of Donald Trump’s statements about the introduction of aggressive duties on imports of goods from Canada, Mexico, and China.