🚨 Standard Chartered Slashes Crypto Targets – XRP Cut by 65%! What’s Next for the Market?
Big move from traditional finance 👀
Banking giant Standard Chartered has sharply reduced its year-end price targets across major cryptocurrencies, signaling continued short-term pressure in the digital asset market.
According to Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered, recent crypto price action has been “extremely challenging,” leading to a broad downward revision in forecasts.
📉 Updated Year-End Targets:
🔻 XRP → $2.80 (down from $8)
🔻 BTC → $100,000 (down from $150,000)
🔻 ETH → $4,000 (down from $7,000)
🔻 SOL → $135 (down from $250)
The most dramatic revision comes for $XRP, with a roughly 65% reduction in its projected price target.
🧠 What This Means
This adjustment reflects growing caution among institutional analysts as macroeconomic uncertainty and market volatility continue to weigh on crypto performance.
While long-term adoption narratives remain intact, near-term expectations appear more conservative.
📊 Market sentiment may stay fragile until stronger catalysts emerge — whether from ETF flows, regulatory clarity, or macro stabilization.
Are these revised targets realistic… or overly cautious? 🤔
Drop your outlook below 👇
DYOR No Financial advice!
#XRP #BTC #ETH #CryptoNews #MarketRebound
