Odaily Planet Daily News: Standard Chartered Bank stated in a report on Tuesday that it has halved its year-end 2025 Bitcoin price forecast to $100,000, down from the previous target of $200,000. At the same time, the bank has postponed its long-term target of $500,000 to 2030, which was originally set for 2028. The bank’s analyst Geoffrey Kendrick pointed out that the downgrade is due to a reassessment of demand expectations, including the fact that aggressive corporate purchases by entities such as MicroStrategy have “ended,” and institutional adoption via ETFs has been slower than expected. Kendrick said that future Bitcoin price increases will be “driven solely by ETF purchases.” Currently, Bitcoin’s quarterly ETF inflows have dropped to 50,000 BTC, the lowest level since the launch of US spot Bitcoin ETFs. In comparison, in Q4 2024, the quarterly purchases by ETFs and digital asset treasuries amounted to 450,000 BTC.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitrefill Discloses Suspected North Korean Hacker Attack on March 1, With Approximately 18,500 Customer Purchase Records Leaked
Bitrefill suffered a cyberattack on March 1st that resulted in the leakage of approximately 18,500 customer records. The attack originated from a compromised employee laptop, using tactics similar to those of North Korean hacker groups. The company has isolated its systems and is working with experts to restore operations while strengthening cybersecurity measures.
GateNews2m ago
Contract Whale "Sets 10 Major Targets First" 5x Shorts 28.468 BTC
Gate News reported that on March 17th, contract whale "Set 10 Big Goals First" (X platform user @jasonleo) posted a contract order screenshot on X on March 18th, showing that it shorted 28.468 BTC with 5x leverage, with the caption "shorting for a bit."
GateNews7m ago
STRC Halts Bitcoin Buys: Will BTC Price Dip Again?
Strategy paused its Bitcoin accumulation via STRC preferred stock after failing to raise fresh capital since Friday, signaling a notable shift after two weeks of aggressive buying. The pause comes as STRC traded below its $100 par value, a critical threshold that governs the company’s ATM issuance m
CryptoBreaking47m ago
