Bitcoin and Ethereum Set for Explosive Growth Amid Political Shifts, Predicts Standard Chartered

Bitcoin and Ethereum Price Surge Predicted by Standard Chartered

Benzinga reports that according to a note from Geoffrey Kendrick, Head of Research at Standard Chartered, Bitcoin could reach $200,000 while Ethereum might hit $10,000 by the end of 2025. This optimistic forecast is based on anticipated regulatory changes following a projected Republican sweep in upcoming elections. The bank expects these shifts will lead to mainstream adoption and real-world use cases for digital assets like Solana. Additionally, they foresee favorable stablecoin regulations and a softer stance from the SEC as key drivers for this growth.

BTC Enters Price Discovery Mode After Record Highs

CoinDesk highlights how Bitcoin has been navigating price discovery mode after reaching record highs above $76,900 recently. Following President-elect Trump's victory and expectations of an interest rate cut by the Federal Reserve, traders are eyeing new targets around $100K for BTC's price. Meanwhile, U.S.-listed Bitcoin ETFs saw unprecedented inflows totaling over $1 billion on Thursday alone—an indication of growing investor confidence under potential pro-crypto policies during Trump’s presidency.

The Impact of Trump's Win on Crypto Prices

Cryptonews explores expert opinions regarding Donald Trump’s election win potentially pushing Bitcoin prices towards six figures due to expected friendlier crypto regulations and tax reforms under his administration. His plans include creating strategic reserves for cryptocurrencies alongside establishing advisory councils focused specifically upon blockchain technology advancements within America itself; however some remain skeptical about whether all promises made can be fulfilled without direct benefits accruing back into personal interests first-hand rather than broader industry-wide gains overall.

An Analyst Predicts Six-Figure Rise For Bitcoin Amid Economic Uncertainty

A report from Cryptonews discusses analyst Kevin Svenson's prediction that Bitcoin may achieve six-figure valuations soon if it breaks through critical resistance levels such as those seen near current peaks ($94k). Factors contributing toward bullish momentum include geopolitical tensions coupled with inflationary pressures driving investors away traditional currencies favor alternative stores value like gold or even decentralized options offered via cryptos themselves instead – especially given recent moves lower benchmark rates globally which further incentivize hedging strategies against fiat volatility risks present today more than ever before historically speaking too!

Solana Breaks Through Key Resistance Levels Post-Election Rally Boosted By Pro-Crypto Sentiment Nationwide

Solana's SOL token surged past significant psychological barriers, crossing well beyond previous thresholds set earlier this year, thanks in large part to an ongoing rally sparked initially by successful campaign efforts led primarily by former President Trump. He promised to build reserve firewalls and reform the Securities and Exchange Commission under Gary Gensler, among other things, aimed directly at supporting the burgeoning sector moving forward. This ensures a continued upward trajectory on a long-term basis, regardless of short-term fluctuations experienced. Meanwhile, the market remains buoyant despite occasional dips and corrections naturally occurring as events unfold globally.

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