BITCOIN PRICE EXPECTED TO RISE TO RECORD LEVELS AS US ELECTIONS APPROACH

Standard Chartered predicts Bitcoin could reach $73,800 before the US presidential elections.

Jeff Kendrick from Standard Chartered says Bitcoin may benefit from several factors, like:

Rising US Treasury bond yields.

Growing interest in Bitcoin exchange-traded funds (ETFs).

Donald Trump’s improved chances in the election.

Regardless of who wins, Standard Chartered expects Bitcoin to reach all-time highs by the end of 2024.

If Trump wins, Bitcoin could go up to $125,000.

If Kamala Harris wins, it could reach $75,000.

Short-term volatility is expected if Harris becomes president.