PANews reported on July 2 that according to Cointelegraph, Standard Chartered Bank's latest report predicts that Bitcoin will break through $135,000 and hit a record high by the end of the third quarter, and is expected to reach $200,000 by the end of the year. Geoff Kendrick, head of digital asset research at the bank, pointed out that strong ETF inflows and corporate holdings have changed the Bitcoin halving cycle, and the price decline trend 18 months after the traditional halving (September-October 2025) may become invalid. The report emphasizes that the new ETF and corporate allocation demand in the current cycle (which did not appear in the first two rounds of halving) will support the continued upward trend of prices, but fluctuations from the end of the third quarter to the beginning of the fourth quarter are still not ruled out. Standard Chartered Bank maintains its long-term bullish outlook for Bitcoin, and expects the unit price to reach $500,000 in 2028.