Bitcoin Expected to Reach New All-Time Highs in 2H -- Market Talk

Dow Jones
Jul 02, 2025

1150 GMT - Bitcoin is likely to reach new all-time highs in the second half of this year as flows from bitcoin exchange traded funds and corporate treasury buying rise, Standard Chartered's Geoff Kendrick says in a note. These flows totalled $245,000 in the second quarter and could exceed that level in the third and fourth quarters, he says. Bitcoin would also rise if President Trump announces Federal Reserve Chair Jerome Powell's replacement early as it could prompt markets to price in more interest rate cuts sooner. The potential passage of the U.S. stablecoin bill would also support bitcoin. StanChart expects bitcoin to rise to $135,000 in the third quarter and $200,000 by year-end. It last trades up 1.7% at $107,790. (renae.dyer@wsj.com)

 

(END) Dow Jones Newswires

July 02, 2025 07:50 ET (11:50 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10