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JUST IN: Standard Chartered has once again shaken the crypto market with an ambitious projection of Bitcoin reaching $500,000 by 2030.
Although the price barely reacted with an advance, the message carries weight because it comes from a major financial institution and is based on a thesis of scarcity, institutional adoption, and a direct comparison to the gold market.
Geoff Kendrick of Standard Chartered stated in a podcast that Bitcoin could reach $500,000 by 2030 and Ethereum $40,000.