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Amid escalating tensions between India and Pakistan, a Russian MP predicts Bitcoin could surge as a safe haven asset. Analysts at Standard Chartered now forecast BTC could reach $200k by year-end, revising earlier estimates.
- Russian MP Anatoly Aksakov links India-Pakistan tensions to potential Bitcoin price surge due to its use in cross-border transactions.
- Standard Chartered revises Bitcoin price prediction from $120k to $200k, citing ETF inflows and geopolitical demand.
- Bitcoin is reportedly used by Iran, Venezuela, and Russian oil firms to bypass sanctions, converting crypto to local currencies.
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