NEW: STANCHART SLASHES $BTC TARGET, FLAGS RISK OF $50K DROP

$800B banking giant Standard Chartered cut its end-2026 Bitcoin target to $100,000 from $150,000 and warned of a near-term slide to $50,000.

The bank also trimmed its $ETH forecast to $4,000 with downside risk to $1,400, citing ETF outflows, weaker macro conditions, and delayed Fed rate cuts for the drop in forecasts.

- by CoinBureau

ETH

1,973.73

-1.77%

BTC

68,635.17

-0.67%