Odaily Planet Daily News: An analyst from Standard Chartered Bank, Geoff Kendrick, who predicted that Bitcoin prices would reach $80,000 before the U.S. presidential election, forecasts that Bitcoin will continue to rise until the end of this year, and could "easily reach" $100,000 before certain Bitcoin options expire on December 27. "I predict that the Bitcoin price will reach $125,000 by the end of the year, which is the next level, although I note that many Trump-related trades peaked around the inauguration on January 20 after the 2016 election... therefore, if Bitcoin does not reach $125,000 by December 31, I believe it will reach that by January 20," Kendrick, the bank's head of foreign exchange and digital asset research, said in an email last Sunday. Kendrick further predicted that given the recent gains in Ethereum and Solana, the rise in Bitcoin prices could "benefit all investors," with some tokens potentially outperforming Bitcoin. Kendrick wrote, "It seems inevitable that SOL will reach a new all-time high (the previous all-time high was $260 in November 2021) by the end of this year. ETH reaching an all-time high (the previous all-time high was $4,866 in November 2021) may have to wait until around inauguration time. Overall, we believe these assets will continue to rise, but SOL may perform the best among them." (The Block)

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