{"id":23199,"date":"2025-04-22T13:46:39","date_gmt":"2025-04-22T13:46:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=23199"},"modified":"2025-04-22T13:46:39","modified_gmt":"2025-04-22T13:46:39","slug":"bitcoins-dual-role-could-propel-it-to-200000-standard-chartered","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=23199","title":{"rendered":"Bitcoin&#8217;s Dual Role Could Propel It To $200,000: Standard Chartered"},"content":{"rendered":"<div>\n<p><strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) is regaining attention as a hedge against systemic risk as concerns mount over the independence of <a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/25\/03\/44403637\/fed-holds-rates-while-growth-forecasts-slip-inflation-projections-rise\">the U.S. Federal Reserve<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>According to <strong>Standard Chartered<\/strong>\u2018s Global Head of Digital Assets Research, <strong>Geoffrey Kendrick<\/strong>, Bitcoin has a dual role as both a tech-correlated asset and a safeguard against private and public sector financial disruptions.<\/p>\n<p>In a note sent to Benzinga on Tuesday, Kendrick points to the elevated U.S. 10-year Treasury term premium, now at a 12-year high, as a signal that markets are pricing in deeper uncertainties tied to long-term debt and institutional credibility. <\/p>\n<p>&#8220;The current threat to the Fed&#8217;s independence via Powell&#8217;s potential replacement falls squarely into the government risk category,&#8221; Kendrick wrote.<\/p>\n<p>He emphasized that Bitcoin historically serves two major functions in &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/44922586\/bitcoins-dual-role-could-propel-it-to-200000-standard-chartered\" alt=\"Bitcoin's\" dual role could propel it to standard chartered>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) is regaining attention as a hedge against systemic risk as concerns mount over the independence of the U.S. Federal Reserve. What Happened: According to Standard Chartered\u2018s Global Head of Digital Assets Research, Geoffrey Kendrick, Bitcoin has a dual role as both a tech-correlated asset and a safeguard against private and public sector [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-23199","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23199"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23199\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}