Bitcoin to Reach $500,000, Standard Chartered

Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.

Grab a coffee as we analyze Standard Chartered’s Bitcoin (BTC) price projections. According to the bank, Bitcoin price could hit $500,000 as global institutions accumulate Strategy’s MSTR stock for indirect exposure to Bitcoin.

Crypto News of the Day: Standard Chartered’s Bold Bitcoin Prediction

Bitcoin was trading for $105,178, up by a modest 2.27% in the last 24 hours. In recent developments, the pioneer crypto market capitalization has ascended to an all-time high of $2.09 trillion.

bitcoin price chart
Bitcoin 3-Month Price Chart. Source: BeInCrypto

To some extent, macro factors such as

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