Standard Chartered Warns Bitcoin Could Drop to $50K, Ethereum to $1,400 as Sentiment Weakens
Bitcoin and Ethereum may face further downside as market sentiment deteriorates and macroeconomic pressures mount, according to Standard Chartered’s head of digital asset research, Geoff Kendrick. The warning comes amid a backdrop of softening U.S. economic data, reduced expectations for Federal Reserve rate cuts, and declining digital-asset ETF holdings. Kendrick believes Bitcoin could fall toward … Continue reading Standard Chartered Warns Bitcoin Could Drop to $50K, Ethereum to $1,400 as Sentiment Weakens
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