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Standard Chartered analysts suggest that bitcoin could reach a new all-time high in the next three weeks, even before the US elections. The reasons cited include increased chances of Donald Trump's victory, significant inflows into spot bitcoin ETFs, and increased activity in the crypto derivatives market.
In turn, Bitwise showed the dynamics of Bitcoin after the previous US presidential elections and hinted at the continuation of the rally in 2025, calling the current cycle the 'mainstream'.
#BTC#