Standard Chartered Bank believes that if Trump wins this year's election, it will be beneficial for crypto because the Trump administration will have clearer, pro-crypto laws.
In a situation of rising public debt, Standard Chartered thinks that Bitcoin will be an asset against the depreciation of the dollar and the decline in confidence in the US public bond market 🇺🇸
Standard Chartered also reiterated their year-end Bitcoin price target of $150K and $200K by the end of 2025.