BITCOIN POISED TO RISE FURTHER AFTER RECORD HIGH Bitcoin may continue to climb after hitting a record high, says Standard Chartered’s Geoff Kendrick. A high U.S. Treasury term premium is boosting bitcoin, which tends to follow it. Inflows into U.S. spot bitcoin ETFs are growing, and both institutional and government interest are increasing. A new U.S. stablecoin regulation bill also supports the market. Standard Chartered expects bitcoin to reach 120,000 by the end of Q2, 200,000 by late 2025, and 500,000 by 2028. Bitcoin is currently up 2.3% at 110,768 after reaching 111,862.