Emre Yumlu 
Standard Chartered claims Trump’s proposed crypto reserve could drive Bitcoin to $500,000.
Standard Chartered: Bitcoin Could Reach $500,000 Due to Trump’s Crypto Policies
Standard Chartered has suggested that Bitcoin’s value could increase to $500,000 within just three years, driven by the maturation of America’s spot Bitcoin exchange-traded funds (ETFs) and the pro-crypto policies of the Trump administration.
The bank’s Head of Digital Asset Research, Geoff Kendrick, stated in a research note, “We expect Bitcoin to reach $200,000 by the end of 2025, $300,000 by the end of 2026, $400,000 by the end of 2027, and $500,000 by the end of 2028. We expect it to stay at this level until the end of 2029.”
Standard Chartered also pointed out that the current conditions will “drive Bitcoin to $500,000 before Trump leaves office.”
Trump’s Crypto Reserve and Bitcoin’s Potential
Kendrick emphasized that institutional interest in Bitcoin ETFs is expected to continue growing, especially with the impact of President Donald Trump’s crypto-friendly policies. In January, the Trump administration unveiled an executive order aimed at providing regulatory clarity and encouraging investment in the crypto sector.
Furthermore, with more retail interest in Bitcoin under Trump’s administration, the market’s liquidity could increase, and Bitcoin’s wider acceptance could trigger an upward price movement.
Last year, Trump’s presidential campaign included a pledge to build a crypto reserve. He later announced that the U.S. would include Bitcoin, Ether, XRP (Ripple), Solana, and Cardano in this reserve. However, the inclusion of non-Bitcoin assets has raised concerns within the crypto community.
Coinbase CEO Brian Armstrong believes that having only Bitcoin in the reserve would be sufficient: “Just Bitcoin might be the best option,” he said.
One of the figures who has speculated on Bitcoin’s future is Michael Saylor, Executive Chairman at Strategy. Saylor suggested that Bitcoin, the world’s largest cryptocurrency, could soon reach a $200 trillion market cap.
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