Bitcoin Predicted to Hit $200,000 by 2025 as Institutional Investor Inflows Surge, Says Standard Chartered’s Geoff Kendrick

According to a recent report from COINOTAG, Standard Chartered Bank’s Global Head of Digital Assets Research, Geoff Kendrick, has made significant forecasts regarding the future of digital currencies. He emphasizes that strong institutional investor inflows are poised to significantly influence the pricing dynamics of Bitcoin and Ethereum. Kendrick anticipates that by 2025, the value of Bitcoin could potentially surge to $200,000, while Ethereum may climb to $10,000. This surge is expected to be fueled by increased participation from investment vehicles such as pension funds, which might drive a robust appetite for major cryptocurrencies, thus outpacing inflows seen in 2024. Additionally, Kendrick warns that as institutional capital flows into these leading assets, it may suppress the volatility and performance typically associated with altcoins, dampening the anticipated altcoin seasons going forward.