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GOP election impact

Standard Chartered predicts Bitcoin surge to $125K with Trump win

A second Trump presidency would be good for Bitcoin, a Standard Chartered Bank analyst says. A Harris win would be just OK for crypto.

Bitcoin could be worth $125,000 by the end of the year if members of the Republican Party dominate the United States Congress after the Nov. 5 elections, Standard Chartered Bank analyst Geoff Kendrick has predicted.

As speculation about the US elections and Bitcoin (BTC) prices approaches a frenzy, Kendrick shows himself to be bullish on the Republicans.

Geoff Kendrick’s BTC price analysis. Source: Standard Chartered Bank

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