[Blockchain News] Geoff Kendrick, head of digital asset research at Standard Chartered Bank, said that Bitcoin is expected to approach its all-time high of $73,800 before the US election! 🚀
Multiple factors contributed: the steepening of the US Treasury yield curve, the inflow of funds into spot Bitcoin ETFs, and the rising probability of Trump's victory (currently 56.3%). The open interest of $80,000 call options in the Bitcoin options market has increased, and institutional investors are optimistic about the medium-term upside potential.
Do you think Bitcoin can set new highs? Welcome to discuss in the comment section!