Standard Chartered has forecast a Bitcoin price of $200,000 by the end of 2025, citing rising demand as a hedge against financial instability.
In an investor note dated April 22, Jeff Kendrick, head of digital asset research at Standard Chartered, stated that Bitcoin could still rise 125% within 2025. The primary driver, he explained, will be Bitcoin’s growing role as a hedge in both private and government sectors.
Kendrick emphasized the cryptocurrency’s resilience during recent market turbulence, attributing its stability to the decentralized nature of its blockchain. He also noted that Bitcoin remained stable while traditional equities faced extreme volatility due to ongoing trade tensions between the U.S. and China.
One of Kendrick’s major concerns is the potential replacement of Federal Reserve Chair Jerome Powell, which could shake investor confidence in central bank independence. This fear has already driven the U.S. 10-year Treasury yield premium to a 12-year high — a condition similar to early 2024 when BTC surged.
While Bitcoin has lagged behind the rising bond premium—partly due to tech stock pressures—Standard Chartered expects BTC to break past its previous all-time highs.
Even more bullish is the bank’s long-term outlook: Kendrick forecasts Bitcoin reaching $500,000 by the end of 2028, underscoring growing institutional interest and macroeconomic factors favoring decentralized assets.
