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Crypto•4 April 2026•

1 min read

Standard Chartered Projects Bitcoin to Hit $500,000 by 2030

Golden Bitcoin coins and symbols with glowing green upward trend lines and bar charts on a global map background, depicting cryptocurrency growth.

Key Facts

1Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered, projects Bitcoin reaching $500,000 by 2030.

2The report suggests Ethereum could outpace Bitcoin by a wide margin over the next four years.

Standard Chartered has released a highly bullish long-term forecast for the cryptocurrency market, signaling strong institutional confidence in digital assets. Geoff Kendrick, the bank's Global Head of Digital Assets Research, projects that Bitcoin (BTC) could reach a valuation of $500,000 by the year 2030. The report also highlights significant potential for Ethereum (ETH), suggesting it could outperform Bitcoin by a wide margin over the next four years. This optimistic outlook is driven by expectations of increased institutional adoption and evolving market structures. While the price targets are substantial, analysts note that such long-term projections rarely trigger immediate market volatility. Currently, investors remain focused on near-term macroeconomic factors, including geopolitical tensions and Federal Reserve policy. The forecast underscores a strategic belief in the transformative potential of the crypto sector over the coming decade.