🎉【Gate Singapore Flagship Event · Square Fun Quiz Challenge Day 1】
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📖 Day 1 · Quiz (Single Choic
Standard Chartered Bank: Bitcoin will become a tool for hedging tariff risks.
According to ChainCatcher news and The Block report, Standard Chartered Bank stated that as signs of American isolationism begin to affect market sentiment, Bitcoin may benefit from rising tariff risks. Geoffrey Kendrick, head of global digital asset research at Standard Chartered Bank, said that $76,500 is a key support level, and Bitcoin has outperformed most tech stocks during the recent market pullback, second only to Microsoft and Google. It also predicted that Bitcoin could return to last Friday's closing price of around $84,000.