Bitcoin Plunges Below $87,000: Market Experts Warn of Further Decline Amid Economic Uncertainty
Bitcoin's dramatic 20% drop from its all-time high signals growing concerns over U.S. economic factors and a broader crypto market sell-off. While experts advise caution before buying the dip, some maintain optimistic long-term outlooks despite the current bearish sentiment.
Standard Chartered Expands into European Crypto Market with Luxembourg Hub
Standard Chartered has launched cryptocurrency custody services in Luxembourg after securing a digital asset license, establishing its European crypto hub. The bank will initially offer Bitcoin and Ether custody, with plans to expand services while adhering to EU's MiCA framework.
Bitcoin's Path to $200,000: Standard Chartered's Bold 2025 Forecast
Standard Chartered Bank maintains its ambitious prediction of Bitcoin reaching $200,000 by end of 2025, bolstered by Trump's victory and surging institutional adoption. The forecast gains credibility as Bitcoin breaks $100,000 while major players like MicroStrategy plan massive cryptocurrency acquisitions.