Bitcoin has surged 25% this year and is expected to keep rising, with projections from Standard Chartered pointing to a $135,000 price by Q3 and $200,000 by year-end. The uptrend is driven by inflows from Bitcoin ETFs and treasury companies. The past halving cycles have historically boosted Bitcoin prices, and recent regulatory developments could attract more investors. While price predictions are optimistic, Bitcoin’s volatility makes forecasts uncertain. Despite its lack of utility, Bitcoin remains a popular investment choice, offering substantial returns and serving as a hedge against inflation.

Read more at Nasdaq MarketSite: Standard Chartered Predicts Bitcoin Will Hit $135,000 by the End of September