Standard Chartered Bank, with assets of $850 billion, has forecasted that Bitcoin could reach a new all-time high due to increasing concerns over the Federal Reserve's independence. The bank's analysts, led by Geoff Kendrick, suggest that the cryptocurrency serves as a hedge against systemic risks associated with the current financial system. The bank maintains its Bitcoin price target at $200,000 by the end of 2025, reflecting a belief in Bitcoin's potential as a safe haven amid political and economic uncertainties. This prediction comes as investors increasingly view Bitcoin as a hedge against political instability, with recent comments from President Trump on Federal Reserve Chair Powell contributing to market uncertainty.