Bitcoin could top £80,000 by next year, Standard Chartered says

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By Charlie Conchie Bitcoin could surge to $100,000, or £80,000, by the end of next year as central bankers ease interest rates and a so-called “crypto winter” thaws, according to analysts Standard Chartered. The most valuable cryptocurrency could be boosted by factors including recent volatility in the global banking sector, the end of the Fed’s rate-hiking cycle and improved profitability of crypto mining, Standard Chartered’s head of digital assets research Geoff Kendrick said in a note. “While sources of uncertainty remain, we think the pathway to the $100,000 (£80,000) level is becoming cl…

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