Bitcoin's Unprecedented Rally Predicted to Reach $500,000 by 2028
Bitcoin is poised for a record-setting rally that could elevate its price to a staggering $500,000 by the end of 2028, according to Standard Chartered. As reported by Yahoo Finance, the banking giant attributes this optimistic forecast to enhanced investor access and decreased volatility.
In a strategic note released on Wednesday, Geoff Kendrick, an analyst at the company, indicated that these two factors are expected to contribute to a $100,000 annual increase in Bitcoin's value, ultimately reaching the $500,000 benchmark in an impressive 407% increase from its current valuation.
"Although the near-term remains choppy for Bitcoin, the long-term is becoming clearer by the day," stated Kendrick, Standard Chartered's Global Head of Digital Assets Research. The progressive advancements in access facilitated under the Trump administration, alongside increasing institutional inflows, are crucial to this optimistic outlook. Furthermore, as the infrastructure supporting Bitcoin, such as options markets, continues to expand, volatility is projected to decrease gradually.
Kendrick highlighted Bitcoin's emerging role as a safe haven and a potential inflation hedge, which has attracted traditional investors and entrenched Bitcoin deeply within Wall Street's fabric. This trend is bolstered by the recent introduction of spot Bitcoin ETFs, which have already amassed $39 billion in inflows.
The crypto-friendly stance of the Trump administration is expected to further improve access, fostering a thriving ETF market reminiscent of the gold exchange-traded products launched in 2004. "US gold prices rose 4.3x as the ETP market matured from November 2004 through September 2011. We think a similar increase in BTC ETFs is possible within a much shorter two-year period compared to gold's seven-year timeframe," explained Kendrick, underscoring his forecast of Bitcoin reaching $200,000 by the end of 2025.
Kendrick observed that Bitcoin's volatility would likely ease in the coming years, akin to the evolution experienced by gold ETPs. The introduction of ETFs is expected to provide more stable market inflows, while burgeoning market features such as options trading are anticipated to further diminish volatility over time.
Looking ahead, Kendrick predicted that Bitcoin's three-month at-the-market volatility could decline from its current 55% spot level to 45% over the next two to three years. This reduction in volatility would encourage investors to allocate a larger portion of their portfolios to Bitcoin, thus reinforcing the aspirational $500,000 valuation.
Despite a temporary stall in Bitcoin's rally due to some January policy discouragements, a recent positive indicator seems to have emerged for the crypto market. A decline in the 10-year Treasury yield below 4.50% reflects potential concerns about US growth due to recent tariff tensions under the Trump administration, positioning Bitcoin as an attractive alternative. "Even amidst tariff challenges, growth fear narratives prevail, suggesting a 'win-win' situation for Bitcoin," remarked Kendrick in an additional commentary.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024
