**Bitcoin to Hit $200K by 2025, Says Standard Chartered Exec**

Geoff Kendrick, head of digital assets research at Standard Chartered, predicts Bitcoin could soar to $200,000 by the end of 2025. He cites three key factors:

- Potential repeal of Staff Accounting Bulletin-121 (SAB-121), which currently restricts banks from holding digital assets.

- A slight uptick in inflation.

- Positive inflows into Bitcoin ETFs.

Kendrick believes these changes will happen regardless of the 2024 U.S. Presidential election outcome. He also anticipates leadership shifts at the SEC, which could benefit the crypto market.

As the 2024 election nears, crypto PACs are heavily investing in campaigns to secure favorable policies. A Gemini poll shows 73% of U.S. voters consider crypto policy important in their voting decisions.