Catenaa, Friday, October 31, 2025- Bitcoin could remain above $100,000 this week if easing US-China trade tensions continue to bolster investor sentiment, Standard Chartered Bank said Monday.
Geoffrey Kendrick, the bank’s global head of digital assets research, noted that recent developments, including potential delays in China’s rare-earth export controls and planned purchases of US soybeans, have eased market fears and lifted risk appetite.
The bitcoin-gold ratio has climbed above pre-October 10 levels, signaling renewed confidence in the cryptocurrency.
Kendrick said that fresh inflows into spot bitcoin exchange-traded funds and a new all-time high in bitcoin prices would serve as further confirmation of market strength.
The analyst highlighted a busy week ahead, including US tech earnings from Microsoft, Meta, Google, Apple, and Amazon, alongside crypto companies Strategy and Coinbase reporting results.
Wednesday’s Federal Open Market Committee meeting, expected to deliver a 25-basis-point rate cut, is also seen as supportive for Bitcoin.
Standard Chartered forecasts that continued macro and geopolitical improvements could cement Bitcoin’s price above $100,000, with the asset trading at roughly $114,925 Monday afternoon.
Kendrick emphasized that this week’s market developments would be critical for setting the tone for Bitcoin and broader crypto markets.
