This post was originally published on Coinspeaker
Standard Chartered has put a $500,000 Bitcoin price target on the table for 2030, and the market nudged higher in response – BTC climbing roughly 100 basis points to $67,500 as the forecast circulated.
The number alone is striking; what’s more telling is that it comes from a bank with a $70 billion balance sheet, not a crypto-native research shop, and that it was delivered without a formal published note to anchor it.
Standard Chartered’s $500K Call: The Institutional Logic Behind the Target
Geoff Kendrick, Standard Chartered’s Global Head of Digital Assets Research, laid out the thesis during an appearance on the Milk Road podcast, citing a 2030 horizon for both Bitcoin at $500,000 and Ethereum at $40,000.
No formal research note has been published to support the figures – the projections aired solely in conversation with host John Gillen, then spread through social clips. That delivery mechanism matters: it’s a view, not a vetted bank forecast, and readers allocating capital on that distinction should note it.
Standard Chartered Predicts $500K #Bitcoin and $40K #Ethereum by 2030.pic.twitter.com/N59gLnKmlX
— TheCryptoBasic (@thecryptobasic) April 2, 2026
The analytical logic, as Kendrick framed it, rests on Bitcoin’s supply scarcity converging with deepening
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