Bitcoin Price Expected to Reach $500,000 by 2028 According to Standard Chartered

Standard Chartered forecasts Bitcoin's price could reach $500,000 by 2028, driven by improved investor access and reduced volatility.

Bitcoin is expected to become less volatile as the U.S. ETF market matures.
Access to Bitcoin is improving under the Trump administration.
Institutional inflows into spot Bitcoin ETFs are projected to increase.
This will enhance Bitcoin's role in optimized portfolios alongside gold.
The bank's price target for year-end 2023 is $200,000, with a 2026 target of $300,000.
Current trading price is around $98,000.
The Bitcoin-gold ratio has recently hit its lowest level since mid-November.