JUST IN: Standard Chartered Bank says it still predicts Bitcoin to hit $100,000 this year, calling BTC "a screaming buy."

What happened

Standard Chartered Bank repeated its view that Bitcoin will reach $100,000 this year and called the cryptocurrency a "screaming buy."

Confirmed

Global impact / market context

If Bitcoin reaches $100,000, more people and firms may put money into crypto, which could raise revenue for companies that offer related services and push regulators to clarify rules, affecting how easily assets can be bought or sold.

Analyst inference

Bitcoin has been moving up and down in price, and investors are watching it closely; a rise to $100,000 would be a large increase from recent levels.

Analyst inference

What to watch

1. Bitcoin price path: watching whether the price climbs toward $100,000 will show how strong market buying pressure is. Analyst inference
2. Regulatory guidance: any new rules or statements from governments about crypto could either help or hinder Bitcoin's price move. Analyst inference
3. Large‑scale buying: announcements that big investment funds or companies add Bitcoin to their holdings would support the bullish view and affect how easily the coin can be traded. Analyst inference

Affected assets

• BTC — Bitcoin

Evidence

• x.com