Bitcoin may still be on track to reach $200,000 by the end of the year, even after a record $19 billion market liquidation and renewed tariff threats from US President Donald Trump, according to Standard Chartered’s global head of digital assets research, Geoff Kendrick.
The crypto market experienced a record data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/19b-crypto-market-crash-controlled-deleveraging-cascade-analyst”>$19 billion liquidation event on the weekend of Oct. 10, which caused Bitcoin’s ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price”>BTC) price to dip to a four-month data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/bitcoin-crash-104k-flush-not-crypto-cycle-failure”>low of $104,000 by Friday, Cointelegraph reported at the time.
As the dust settles after the massive liquidation event,…
