Total MarketCap:$00
API
EN
Dark

SearchSSI/Mag7/Meme/ETF/Coin/Index/Charts/Research
00:00 / 00:00
View
    Markets
    Indexes
    NewsFeed
    TokenBar®
    Analysis
    Macro
    Watchlist
Share

Standard Chartered Bank: Bitcoin Can Hedge Tariff Risks, Benefiting from American Isolationism

Powered by ChatGPT
#Bitcoin
The Block
627Words
Apr 6, 2025

Standard Chartered believes that Bitcoin can serve as a tool to hedge against tariff risks, especially in the context of rising isolationism in the United States. Geoffrey Kendrick, the global head of digital asset research, pointed out that Bitcoin may benefit from the increased risks associated with holding fiat currency. Despite the recent decline in Bitcoin's price, its performance still outshines that of most tech stocks. Kendrick predicts that Bitcoin's price will see significant increases in the coming years and holds an optimistic view on the prospects of the Avalanche blockchain.

All You Need to Know in 10s
TermsPrivacy PolicyWhitePaperOfficial VerificationCookieBlog
sha512-gmb+mMXJiXiv+eWvJ2SAkPYdcx2jn05V/UFSemmQN07Xzi5pn0QhnS09TkRj2IZm/UnUmYV4tRTVwvHiHwY2BQ==
sha512-kYWj302xPe4RCV/dCeCy7bQu1jhBWhkeFeDJid4V8+5qSzhayXq80dsq8c+0s7YFQKiUUIWvHNzduvFJAPANWA==