Standard Chartered: US fiscal risks and Trump’s election will drive the cryptocurrency market, Bitcoin’s year-end target at $150,000.

According to a report by CoinDesk, Standard Chartered Bank has issued a report this week stating that investors may seek alternative assets such as cryptocurrencies due to the risk posed by the dominant position of the United States in finance and the monetization of government debt. The report also suggests that the election of Donald Trump may have a positive impact on digital assets. Furthermore, it reiterates its year-end price target for Bitcoin of $150,000 and its year-end target for 2025 of $200,000.