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Standard Chartered Bank Bitcoin may hit a new high by the end of the year,

The US election has limited impact on encryption,

If Trump wins, it may reach $125,000,

If Harris is elected, it may reach $75,000.

Geoff Kendrick, head of foreign exchange and digital asset research at Standard Chartered Bank, analyzed

Bitcoin is expected to hit a new high by the end of 2024, regardless of the outcome of the US presidential election,

If Trump wins, it may reach $125,000, and if Harris is elected, it may reach $75,000;

The US election has little impact on the future trend of Bitcoin;

Positive changes in the regulatory environment are a key factor in driving the growth of Bitcoin prices,

The process of relaxing digital asset regulation is expected to continue in 2025;

The development of the US Treasury market provides a positive for the long-term trend of Bitcoin,

In October, the inflow of funds into spot Bitcoin ETFs may rebound seasonally.

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