Standard Chartered Bank Report: Bitcoin Winter is Over, Expected to Rise to $100,000 Next Year.

According to a report by Jinse, Geoff Kendrick, the digital asset manager at Standard Chartered, stated in a recent report that Bitcoin may benefit from recent market developments. This includes turbulence in the banking industry and the stabilization of risk assets as the Federal Reserve's tightening cycle comes to an end. "Despite the continued uncertainty, we believe the path to the $100,000 mark is becoming increasingly clear," he added, suggesting that Bitcoin could reach this level by the end of next year.