With cryptocurrency prices fluctuating, Standard Chartered is advising investors to take advantage of price dips in Bitcoin and Ethereum, despite the current market turbulence.
The bank maintains a positive outlook for the medium-term, projecting strong growth for both digital assets by the end of 2025.
Geoffrey Kendrick, Standard Chartered’s Global Head of Digital Assets Research, points out that the lack of clear regulatory policies under President Trump’s second term has contributed to recent price corrections.
Geoffrey Kendrick
Kendrick stated, “No news is bad news” for the crypto sector, highlighting that without immediate policy support, prices may continue to experience short-term pressure.
However, Kendrick remains optimistic for the medium-term.
He anticipates that Bitcoin will surge to $200,000 and Ethereum will reach $10,000 by the end of 2025, driven by anticipated regulatory clarity and growing institutional investments.
Kendrick predicts that 2025 will see a significant increase in institutional investments in Bitcoin, with new capital expected from long-only funds, particularly pension funds.
These institutional funds currently make up only 1% of Bitcoin ETF ownership but are expected to increase their participation in the coming year.
Kendrick explained,
“We expect institutional flows into BTC in 2025 to exceed 2024 levels, with fresh capital likely to come from long-only funds classified as ‘pension funds’.”
Kendrick also touched on how the policies introduced by Trump’s administration could affect the crypto market.
Potential executive orders, such as the creation of a Bitcoin reserve or regulatory adjustments, could support digital asset prices.
However, any delay or lack of these actions might dampen market sentiment.
Kendrick warned that if no positive news materialises, it could lower the likelihood of future market gains, putting downward pressure on prices.
He stated,
“If time passes with no news on digital assets, markets are likely to price in a lower probability of such good news materialising. This would be negative for digital asset prices.”
Despite the uncertainty, Kendrick views the market dips as opportunities for savvy investors.
The analyst advises buying during price corrections, anticipating a rebound in the near future.
He said,
“We recommend buying the dips in anticipation of medium-term moves higher.”
He also raised concerns about potential trade tariffs under the Trump administration, which could negatively impact inflation expectations and hurt digital asset prices.
While Bitcoin and Ethereum are expected to experience long-term growth, Kendrick noted that other cryptocurrencies have shown different performance trends.
For example, Litecoin is expected to benefit from potential ETF launches, while Uniswap could see gains from regulatory changes allowing it to monetise its revenue more effectively.
Ripple and Stellar, in particular, have outperformed other digital assets, partly due to positive legal outcomes and increasing institutional adoption of RippleNet’s payment system.
Despite the volatility, Standard Chartered believes that institutional flows into cryptocurrencies will exceed 2024 levels, with significant growth expected in the medium term.
However, short-term uncertainty continues to be a challenge for investors in the crypto market.
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