Cryptocurrency valuations staged a modest recovery this week as investor appetite for digital assets returned following a recent market crash. The $19 billion liquidation event over the weekend of October 10 has created a potential buying opportunity that could propel Bitcoin (BTC) above $200,000 before the end of 2025, according to Geoff Kendrick, Standard Chartered’s global head of digital assets research.
Despite the significant sell-off, Kendrick remains confident that Bitcoin will rebound and reach this milestone as markets stabilize. He emphasised that even factoring in uncertainties like the US tariff tensions, Bitcoin could exceed $150,000 by the end of the year, particularly if the US Federal Reserve proceeds with interest rate cuts in line with market expectations.
This recent $19 billion market crash caused Bitcoin to dip to a four-month low, but it now appears to set the stage for a powerful rally. Kendrick describes this event not simply as a setback but as a catalyst for renewed investor interest. He shared his outlook during an exclusive interview at the 2025 European Blockchain Convention in Barcelona: “My official forecast is $200,000 by the end of the year.”
While momentum is currently curtailed by limited inflows from US spot Bitcoin exchange-traded funds (ETFs), market participants are closely watching how investment patterns evolve in response to this volatility. If ETF buying expands, it could unlock further upside potential for Bitcoin’s price.
As the crypto market recovers from this historic liquidation, investors and analysts alike are viewing the downturn as a critical inflection point that could lead to a new phase of accelerated growth for the leading digital asset.
Source article: https://cointelegraph.com/news/19b-crypto-crash-200k-bitcoin-2025-finance-redefined