‘Bad Trump To Good Trump’ Means Bitcoin Could Go To $102,500, Standard Chartered Says

Markets may be shifting from bad Trump to good Trump as risk sentiment improves, according to Geoffrey Kendrick, head of digital assets research at Standard Chartered.

In a note sent to Benzinga, he pointed to lower oil prices, a potential Russia-Ukraine peace deal, and a peak in Trump-related tariff risks as factors supporting a better environment for digital assets.

What Happened: In his latest research note, Kendrick suggested that Bitcoin (CRYPTO: BTC) should start moving higher, with 102,500 as a near-term price target.

His comments come as Bitcoin is up 1.7 percent on Friday morning Eastern time, while Ethereum (CRYPTO: ETH) has gained 3 percent over the last 24 hours. Solana (CRYPTO: SOL) is …

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