Standard Chartered Forecasts Bitcoin Surge with Potential Trump Presidency

A second Trump term could reshape U.S. crypto regulations and spur significant growth in Bitcoin valuations, according to financial analysts.

Standard Chartered predicts a more favorable regulatory climate for cryptocurrencies if Trump returns to office, potentially driving Bitcoin to reach $150,000 by year-end.
Trump's administration may encourage the de-dollarization trend, enhancing the appeal of Bitcoin as an alternative asset.
Analysts highlight a possible increase in U.S. term premiums and a steeper yield curve under Trump, positively correlating with Bitcoin prices.
The investment bank notes a historical trend of decreased foreign buying of U.S. treasuries during Trump's first term, which could recur and boost digital assets.
Upcoming U.S. elections underscore the significant impact political leadership can have on cryptocurrency markets and regulatory landscapes.