TechFlow news, on November 11, according to The Block, Bitcoin briefly surpassed $80,000 amid a boost from Trump's presidential election victory and rising stock markets. Geoff Kendrick, head of foreign exchange and digital asset research at Standard Chartered, predicted that Bitcoin will "easily reach" $100,000 by year-end and could continue climbing ahead of the Bitcoin options expiry on December 27.
Kendrick further forecasted that Bitcoin would reach $125,000 by year-end, or if not achieved, would hit that level before the inauguration on January 20, 2025. He also expressed optimism about Ethereum and Solana, stating that SOL is likely to surpass its previous all-time high of $260 set in November 2021 before year-end, while ETH may only exceed its historical peak of $4,866 around the time of the inauguration.
