Standard Chartered says Bitcoin may rebound to $88,500 this weekend

Standard Chartered analyst Geoffrey Kendrick said Bitcoin (BTC) could recover to $88,500 by this weekend, according to The Block. While traditional markets decline due to U.S. President Trump's tariff policy, BTC shows relative strength and now acts as a hedge against U.S. isolation, Kendrick explained. He noted that if BTC breaks back above $85,000 post-payroll data, a move to $88,500 is likely.