Standard Chartered Bank, valued at $800 billion, has projected that Bitcoin could reach a new all-time high before the upcoming US presidential election. The bank's forecast suggests Bitcoin could rise to $73,800, driven by several factors including a steepening US Treasury yield curve, increased interest in spot Bitcoin exchange-traded funds (ETFs), renewed market interest, and shifting market dynamics. Geoff Kendrick, an analyst at Standard Chartered, highlighted these elements as key drivers for the potential surge in Bitcoin's price. Additionally, there is a 56.3% chance of a significant market event influencing this rise.