Bitcoin Price Jumps to $115,000 As Analyst Says It May Never Fall Below $100K Again

Bitcoin Magazine Bitcoin Price Jumps to $115,000 As Analyst Says It May Never Fall Below $100K Again

Bitcoin price surged to $115,000 on Monday, rising more than 1% in 24 hours, as optimism over easing U.S.–China trade tensions and renewed investor appetite for risk assets lifted global markets.

According to Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered Bank, Bitcoin price may “never fall below $100,000 again” if this week’s macro tailwinds continue.

In a note to clients, Kendrick said that improving trade relations between Washington and Beijing have flipped last week’s market fear into “hope.”

U.S. Treasury Secretary Scott Bessent’s weekend statement that restrictions on China’s rare earth exports could be postponed for a year, combined with reports that Bei