渣打銀行敦促客戶逢低買進比特幣和以太坊，預測 BTC 到 2025 年底將達到 20 萬美元

渣打銀行（OTC：SCBFF）的分析師敦促客戶利用比特幣和以太幣的價格下跌，儘管市場存在不確定性，但預計加密貨幣的中期收益。

Standard Chartered (OTC:SCBFF) analysts are advising clients to buy the dip in Bitcoin and Ethereum, projecting handsome medium-term gains in the cryptocurrencies despite the market uncertainty over President Trump's digital asset policies.

渣打銀行（OTC：SCBFF）分析師建議客戶逢低買入比特幣和以太坊，儘管市場對川普總統的數位資產政策存在不確定性，但他們預計加密貨幣的中期收益將可觀。

In a Wednesday note, the bank highlighted the absence of digital asset-related policies in Trump's initial executive orders as a key factor behind recent price corrections. But Standard Chartered said “no news is bad news” for the sector. Without immediate supportive policy announcements, prices may face additional short-term pressures.

在周三的一份報告中，該銀行強調川普最初的行政命令中缺乏與數位資產相關的政策，這是近期價格調整背後的關鍵因素。但渣打銀行表示，對該行業來說「沒有消息就是壞消息」。如果沒有立即宣布支持性政策，價格可能會面臨額外的短期壓力。

Despite these near-term headwinds, Standard Chartered maintains a bullish outlook for digital assets. The bank forecasts Bitcoin reaching $200,000 and Ethereum climbing to $10,000 by the end of 2020, driven by expected regulatory clarity and robust institutional inflows.

儘管存在這些近期阻力，渣打銀行仍然對數位資產保持樂觀的前景。該銀行預測，在預期的監管明確性和強勁的機構資金流入的推動下，到 2020 年底，比特幣將達到 20 萬美元，以太坊將攀升至 1 萬美元。

“We expect institutional flows into BTC in 2025 to exceed 2024 levels, with fresh capital likely to come from long-only funds classified as ‘pension funds’,” said Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered Bank.

渣打銀行數位資產研究全球主管 Geoff Kendrick 表示：“我們預計 2025 年流入 BTC 的機構資金將超過 2024 年的水平，新資本可能來自被歸類為‘養老基金’的多頭基金。”

“So far, these funds account for only 1% of BTC ETF ownership,” he added.

「到目前為止，這些基金僅佔 BTC ETF 所有權的 1%，」他補充道。

Kendrick identified two key themes that could impact crypto prices under Trump's second term.

肯德里克確定了川普第二任期內可能影響加密貨幣價格的兩個關鍵主題。

These include executive orders specifically related to the digital assets space, such as creating a Bitcoin reserve or reducing regulatory burdens, and potential US tariffs, which could negatively impact inflation expectations and weigh on digital asset prices.

其中包括與數位資產領域特別相關的行政命令，例如創建比特幣儲備或減輕監管負擔，以及美國潛在的關稅，這可能會對通膨預期產生負面影響並打壓數位資產價格。

“If both (or neither) of these are forthcoming, the implications for digital asset prices are mixed,” the analyst said. “Also, if time passes with no news on digital assets, markets are likely to price in a lower probability of such good news materialising. This would be negative for digital asset prices.”

這位分析師表示：“如果這兩種情況（或兩者都沒有）出現，那麼對數位資產價格的影響是複雜的。” 「此外，如果隨著時間的推移沒有有關數位資產的消息，市場可能會認為此類好消息出現的可能性較低。這將對數位資產價格產生負面影響。

Kendrick also touched upon the growing differentiation among digital assets, with specific coins poised to benefit from new developments.

肯德里克也談到了數位資產之間日益加劇的差異，某些特定的貨幣有望從新的發展中受益。

For instance, Litecoin is expected to gain from potential ETF launches, while Uniswap could see upside from regulatory changes enabling revenue monetization.

例如，萊特幣預計將從潛在的 ETF 推出中獲益，而 Uniswap 可能會從監管變化中看到收益貨幣化的好處。

Since the US election, the performance of various cryptocurrencies has shown significant divergence. Ripple and Stellar have been standout performers, bolstered by positive outcomes in Ripple's legal battles and increasing institutional use of RippleNet's payment system.

自美國大選以來，各種加密貨幣的表現出現了明顯的分化。 Ripple 和 Stellar 表現出色，這得益於 Ripple 法律訴訟的積極成果以及 RippleNet 支付系統的機構使用不斷增加。