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Standard Chartered predicts Bitcoin to hit $500K by 2028

February 05, 2025, 1:47 PM
Standard Chartered forecasts Bitcoin reaching $500,000 before Donald Trump’s term ends, citing a friendlier regulatory landscape and growing investor access, according to Decrypt. The bank projects BTC will rise to $200,000 in 2025, $300,000 in 2026, $400,000 in 2027 and $500,000 in 2028. Key drivers include spot Bitcoin ETFs, which have attracted $39 billion in inflows, and regulatory shifts like the repeal of SAB 121. The bank also suggests that Bitcoin’s volatility will decline, making it more appealing to traditional investors.

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