{"id":20811,"date":"2025-01-31T11:51:05","date_gmt":"2025-01-31T09:51:05","guid":{"rendered":"https:\/\/forklog.com\/en\/standard-chartered-predicts-bitcoin-surge-by-february-march\/"},"modified":"2025-01-31T11:51:05","modified_gmt":"2025-01-31T09:51:05","slug":"standard-chartered-predicts-bitcoin-surge-by-february-march","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/standard-chartered-predicts-bitcoin-surge-by-february-march\/","title":{"rendered":"Standard Chartered Predicts Bitcoin Surge by February-March"},"content":{"rendered":"<p>In the next two months, digital gold is expected to rise to $112,000\u2013130,000 due to accelerated institutional inflows and a shift in sentiment towards risk acceptance. This is according to a review by Standard Chartered, reports <a href=\"https:\/\/www.theblock.co\/post\/337937\/standard-chartered-outlines-how-bitcoin-could-reach-130000-in-the-next-two-months\">The Block<\/a>.<\/p>\n<p>In the coming days and weeks, Bitcoin is set to test its <span data-descr=\"all-time high\" class=\"old_tooltip\">ATH<\/span> at $109,000.<\/p>\n<p>According to analysts, the leading cryptocurrency is gaining momentum following a $1.1 billion deleveraging amid news surrounding DeepSeek and the issuance of a U.S. executive order to establish a task force on digital asset markets. The recent meeting of the <span data-descr=\"Federal Reserve System\" class=\"old_tooltip\">Fed<\/span> has reduced uncertainty for the markets overall.<\/p>\n<p>The growth driver will be Bitcoin purchases by institutional investors following the repeal of the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> rule <span data-descr=\"Staff Accounting Bulletin\" class=\"old_tooltip\">SAB<\/span> 121, which effectively prohibited banks from holding cryptocurrencies.<\/p>\n<p>Earlier, analysts predicted a rise in the prices of digital gold and Ethereum to $200,000 and $10,000 respectively by the end of 2025, driven by institutional demand through ETFs.<\/p>\n<p>Previously, Bitwise forecasted &#8220;less severe&#8221; Bitcoin corrections thanks to initiatives by U.S. President<a href=\"https:\/\/forklog.com\/en\/news\/donald-trump-becomes-47th-president-of-the-united-states-implications-for-the-crypto-industry\"> Donald Trump<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the next two months, digital gold is expected to rise to $112,000\u2013130,000 due to accelerated institutional inflows and a shift in sentiment towards risk acceptance. This is according to a review by Standard Chartered, reports The Block. In the coming days and weeks, Bitcoin is set to test its ATH at $109,000. According to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20810,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1146,1156,36,1347],"class_list":["post-20811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-market-forecasts","tag-institutional-investors-and-whales","tag-regulation","tag-standard-chartered-plc"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=20811"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20811\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/20810"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=20811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=20811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=20811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}