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$19B Crypto Crash: Catalyst For $200K Bitcoin by 2025: Standard Chartered

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Cryptocurrency valuations staged a modest recovery this week as investor appetite for digital assets returned after the recent market crash.

In a silver lining to the correction, the $19 billion liquidation event may be seen as a buying opportunity by investors, a dynamic that could fuel Bitcoin’s (BTC) rise above $200,000 before the end of the year, according to Standard Chartered’s global head of digital assets research, Geoff Kendrick.

However, a lack of inflows from the US spot Bitcoin exchange-traded funds (ETFs) continues to limit Bitcoin’s…

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