Standard Chartered Bank analyst stated that SOL is likely to reach a new all-time high before the end of the year, while ETH may have to wait until after Trump takes office. (Previous summary: Trump's victory is a bullish signal! Dow futures surged over 1100 points, Tesla pre-market büyük yükseliş by over 12%) (Background: Standard Chartered Bank: If the Republican Party gains full control of Congress, BTC could reach $125,000 by the end of the year) With Trump's ultimate victory in the U.S. election, BTC has been soaring. Just last week, Standard Chartered Bank analyst Geoff Kendrick pointed out in a presentation that $75,000 is just the beginning, and BTC will reach a new high of $125,000 by the end of this year and surpass $200,000 by the end of next year. Trump's multiple promises regarding cryptocurrencies, including the dismissal of SEC Chairman Gary Gensler, the inclusion of BTC in the national strategic reserve, and the creation of a superpower in BTC for the United States, will all drive this surge. After the Biden administration's negative attitude towards cryptocurrencies, we finally have Trump's support for cryptocurrencies. Extended reading: Bernstein, a Wall Street crocodile: Regardless of who wins the U.S. presidential election, BTC will surpass $200,000 in 2025. Standard Chartered Bank analyst: SOL is likely to reach a new high by the end of the year. With BTC breaking $80,000 over the weekend, Kendrick further predicts: Given the recent price increases of Ethereum and Solana, the rise in BTC prices may lift the overall market, and the performance of some tokens may surpass the world's largest cryptocurrency. He believes that it seems inevitable for SOL to reach a new all-time high by the end of the year (the previous all-time high since November 2021 was $260). As for a new all-time high for ETH (the previous all-time high since November 2021 was $4,866), we may have to wait until the inauguration ceremony. SOL has risen nearly 40% in the past week. What will happen in the future? In addition to coin prices, Kendrick also mentioned that with Trump's inauguration, the future of the cryptocurrency field will bring: Regulation: Trump will overturn the Biden administration's rejection of SEC accounting rule SAB 121, which will accelerate institutional adoption of BTC. Stablecoin: Trump may also introduce new stablecoin legislation, thereby expanding the U.S. cryptocurrency market. Economic policy: Trump's economic policies may stimulate inflation, which may accelerate the market's recognition of BTC as a hedge against issues in the traditional financial system. ETF: Spot ETF products will continue to drive BTC's rise. Related reports: Trump's victory is a bullish signal! Dow futures surged over 1100 points, Tesla pre-market büyük yükseliş by over 12% Trump's full election speech: I love Musk, he is a superstar, making America great again a16z executives urge Trump: How should the U.S. government seize Web3 opportunities after the election? Standard Chartered Bank analyst: It is almost certain that SOL will reach a new high by the end of the year, while ETH will have to wait until Trump takes office. This article was originally published on BlockTempo, the most influential blockchain news media in the dynamic area.
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Standard Chartered Bank analyst: SOL'un yıl sonunda yeni bir zirve kırması neredeyse kesin, ETH ise Trump göreve başladıktan sonra beklemeli
Standard Chartered Bank analyst stated that SOL is likely to reach a new all-time high before the end of the year, while ETH may have to wait until after Trump takes office. (Previous summary: Trump's victory is a bullish signal! Dow futures surged over 1100 points, Tesla pre-market büyük yükseliş by over 12%) (Background: Standard Chartered Bank: If the Republican Party gains full control of Congress, BTC could reach $125,000 by the end of the year) With Trump's ultimate victory in the U.S. election, BTC has been soaring. Just last week, Standard Chartered Bank analyst Geoff Kendrick pointed out in a presentation that $75,000 is just the beginning, and BTC will reach a new high of $125,000 by the end of this year and surpass $200,000 by the end of next year. Trump's multiple promises regarding cryptocurrencies, including the dismissal of SEC Chairman Gary Gensler, the inclusion of BTC in the national strategic reserve, and the creation of a superpower in BTC for the United States, will all drive this surge. After the Biden administration's negative attitude towards cryptocurrencies, we finally have Trump's support for cryptocurrencies. Extended reading: Bernstein, a Wall Street crocodile: Regardless of who wins the U.S. presidential election, BTC will surpass $200,000 in 2025. Standard Chartered Bank analyst: SOL is likely to reach a new high by the end of the year. With BTC breaking $80,000 over the weekend, Kendrick further predicts: Given the recent price increases of Ethereum and Solana, the rise in BTC prices may lift the overall market, and the performance of some tokens may surpass the world's largest cryptocurrency. He believes that it seems inevitable for SOL to reach a new all-time high by the end of the year (the previous all-time high since November 2021 was $260). As for a new all-time high for ETH (the previous all-time high since November 2021 was $4,866), we may have to wait until the inauguration ceremony. SOL has risen nearly 40% in the past week. What will happen in the future? In addition to coin prices, Kendrick also mentioned that with Trump's inauguration, the future of the cryptocurrency field will bring: Regulation: Trump will overturn the Biden administration's rejection of SEC accounting rule SAB 121, which will accelerate institutional adoption of BTC. Stablecoin: Trump may also introduce new stablecoin legislation, thereby expanding the U.S. cryptocurrency market. Economic policy: Trump's economic policies may stimulate inflation, which may accelerate the market's recognition of BTC as a hedge against issues in the traditional financial system. ETF: Spot ETF products will continue to drive BTC's rise. Related reports: Trump's victory is a bullish signal! Dow futures surged over 1100 points, Tesla pre-market büyük yükseliş by over 12% Trump's full election speech: I love Musk, he is a superstar, making America great again a16z executives urge Trump: How should the U.S. government seize Web3 opportunities after the election? Standard Chartered Bank analyst: It is almost certain that SOL will reach a new high by the end of the year, while ETH will have to wait until Trump takes office. This article was originally published on BlockTempo, the most influential blockchain news media in the dynamic area.