PANews April 22 news, according to *Walter Bloomberg, Geoff Kendrick of Standard Chartered Bank pointed out in a report that if market concerns about the independence of the Federal Reserve persist, Bitcoin may rise to a record high. He said that because Bitcoin uses decentralized ledger technology, this cryptocurrency is a hedge against the risks of the existing financial system. At present, after US President Trump hinted that he might replace Federal Reserve Chairman Jerome Powell because he hopes to cut interest rates, US Treasuries are at risk, and this situation is emerging. Kendrick said that the yield premium required by investors to buy long-term Treasury bonds relative to short-term Treasury bonds has risen sharply, and Bitcoin has benefited from it. According to data from the London Stock Exchange Group (LSEG), Bitcoin rose to a six-week high of $90,459. Standard Chartered Bank expects Bitcoin to rise to $200,000 by the end of 2025.