$19B market crash paves way for Bitcoin’s rise to $200K: Standard Chartered

Bitcoin's recent drop to $108,000 has raised concerns among investors, with a Standard Chartered analyst suggesting that a dip below $100,000 is likely. This news is significant as it reflects the ongoing volatility in the cryptocurrency market, which can impact investor confidence and market stability. As Bitcoin continues to fluctuate, understanding these trends becomes crucial for anyone involved in or considering entering the crypto space.

Analyst Geoffrey Kendrick from Standard Chartered suggests that Bitcoin may dip below $100,000 temporarily, which could present a final buying opportunity at that level before a potential rise. While his ambitious target of $135,000 for Bitcoin remains on hold, this analysis highlights the volatility of cryptocurrency markets and the importance of timing for investors.

In a recent interview with Cointelegraph, Standard Chartered's Geoff Kendrick suggested that the recent $19 billion market crash could actually present a buying opportunity for investors. As the market stabilizes in the coming weeks, Bitcoin's potential rise to $200,000 is being highlighted, indicating a shift in investor sentiment and confidence in cryptocurrency. This perspective is significant as it may encourage more people to consider Bitcoin as a viable investment option during uncertain times.

Standard Chartered Hong Kong is set to launch a digital asset trading service next month, coinciding with the introduction of the first Solana ETF in the region. This move is significant as it highlights the growing acceptance of cryptocurrencies in traditional finance, providing investors with more opportunities to engage with digital assets. The launch reflects a broader trend towards integrating crypto into mainstream investment options, which could attract a new wave of investors looking to diversify their portfolios.

The rise of fake Cointelegraph accounts is alarming for crypto users, as these impersonators are scamming individuals and potentially compromising their security. It's crucial for users to learn how to identify these impostors and verify identities to protect themselves in the evolving landscape of cryptocurrency in 2025.

The rise of fake Cointelegraph accounts is alarming for crypto users, as these impersonators are scamming individuals and spreading misinformation. It's crucial for users to learn how to identify these fraudulent accounts and verify identities to protect themselves in 2025. This issue highlights the ongoing challenges in the crypto space, where trust and security are paramount.

The rise of fake Cointelegraph accounts is alarming for crypto users, as these impersonators are scamming individuals and potentially jeopardizing their investments. It's crucial for users to learn how to identify these fraudulent accounts and verify identities to protect themselves in the evolving digital landscape of 2025. This issue highlights the need for increased awareness and vigilance in the cryptocurrency community.

Bitcoin has surged to $111,000, marking a significant milestone as it closes the week above $108,000. This upward trend is backed by a classic chart pattern that suggests potential gains of up to 70% in the near future. This matters because it reflects growing investor confidence and could signal a bullish phase for the cryptocurrency market, attracting more attention and investment.

The UK's Financial Conduct Authority has launched a lawsuit against the cryptocurrency exchange HTX, owned by Justin Sun, for allegedly breaching financial promotion regulations. This legal action highlights ongoing concerns about regulatory compliance in the crypto industry, especially as it relates to investor protection. The outcome of this case could have significant implications for HTX and the broader cryptocurrency market, as it underscores the increasing scrutiny that digital asset platforms are facing from regulators.

Recent on-chain data suggests that Bitcoin traders are currently about 5% underwater, indicating that a significant rebound may not be imminent. Analyst Ali Martinez highlights that historically, Bitcoin tends to recover when the Profit/Loss Margin falls below -12%. This metric is crucial as it helps investors gauge market sentiment and potential recovery points, making it an important indicator for those involved in cryptocurrency trading.

Investor caution is creeping back into the crypto markets as Bitcoin and Ethereum ETFs have seen significant outflows once again. On October 22, Bitcoin ETFs experienced net outflows of $101.3 million, reversing a brief recovery that had seen inflows of $477 million. This trend highlights the ongoing volatility and uncertainty in the cryptocurrency space, which is crucial for investors to monitor as it could impact market stability and future investment decisions.

The recent actions of the Radiant Capital hacker, who moved $10.8 million into Tornado Cash, highlight ongoing concerns in the cryptocurrency space regarding security and fraud. This incident follows a significant exploit of Radiant's lending pool that resulted in a staggering $53 million loss. Such events not only undermine trust in decentralized finance but also raise questions about the effectiveness of current security measures in protecting investors.

T. Rowe Price, a major asset manager with $1.8 trillion in assets, has taken a significant step by filing for its first crypto exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission. This move is noteworthy as it reflects a growing acceptance of cryptocurrency in traditional finance, especially from a firm known for its conservative approach. The launch of this ETF could open new investment opportunities for both institutional and retail investors, signaling a shift in the financial landscape.

Bitcoin is carving out a unique identity in the financial landscape, distinct from other cryptocurrencies. Its design, governance, and regulatory framework set it apart, making it a category of its own. This distinction is significant as it influences how investors perceive Bitcoin compared to other digital assets, potentially leading to increased adoption and investment opportunities.