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Bitcoin.com 2024-10-16 00:30:39

Bitcoin Surge Looms as US Election Nears — Standard Chartered Predicts BTC Rally to $73,800

Banking giant Standard Chartered is predicting a sharp rise in bitcoin’s value, with forecasts suggesting it could approach its all-time high of $73,800 as the U.S. presidential election nears. Rising Treasury yields, growing interest in bitcoin ETFs, and Trump’s improving election odds are key factors driving this potential rally, supported by increasing institutional inflows and

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