Standard Chartered Predicts Ethereum to Hit $10,000 If Trump Wins

Oct 10, 2024 - 12:53
 0

Analysts at Standard Chartered predict Ethereum (ETH) could reach $10,000 if Donald Trump wins the US Presidential election. They believe a Trump administration would favor digital assets like Ethereum and Solana, driving them to outperform Bitcoin. If Vice President Kamala Harris wins, Ethereum is expected to reach $7,000. Despite the lower target, Harris's presidency would solidify Ethereum's position as the leading altcoin, possibly outperforming Bitcoin and Solana. 
Standard Chartered previously predicted Ethereum to reach $14,000 by 2025 but has since cut its forecast by 50%, highlighting market volatility. The US Presidential elections could significantly influence Ethereum's price trajectory, potentially triggering a massive rally

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