Standard Chartered analysts: It is recommended to remain cautious on digital assets in the coming week

PANews reported on January 15 that according to Jinshi, the price of Bitcoin rose slightly today, but it is still below $100,000 after falling from last month's record high. Geoffrey Kendrick, an analyst at Standard Chartered Bank, said in a report: "For digital assets, caution may be the best option in the next week or so." He said that tonight's US inflation data may be stickier than expected, and people have high expectations for good news on cryptocurrencies after Trump's January 20 presidential inauguration, all of which bring huge macroeconomic risks. He said that if Bitcoin falls below $90,000, it may reach $80,000, but this will be an "excellent medium-term buying opportunity." Standard Chartered Bank expects Bitcoin to reach $200,000 by the end of 2025 due to Trump's support for cryptocurrency.

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
5 hour ago
7 hour ago
11 hour ago
11 hour ago
14 hour ago
15 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读