Standard Chartered Bank said in a note on Thursday that the world's largest cryptocurrency, Bitcoin (BTC), is poised to hit a new high by the end of the year, regardless of who wins the US election in November. While the bank acknowledged that the US presidential election outcome is important for digital assets, it noted that the significance is less pronounced than it was when Joe Biden was the Democratic nominee, and lower than market expectations. The report claims that regardless of who wins the election, Bitcoin is expected to reach a new all-time high by year-end. If Donald Trump wins, Bitcoin could potentially reach around $125,000, while if Kamala Harris wins, Bitcoin could reach around $75,000. (Coindesk)