đš Standard Chartered Slashes Crypto Targets â XRP Cut by 65%! Whatâs Next for the Market?
Big move from traditional finance đ
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 âextremely challenging,â leading to a broad downward revision in forecasts.
đ Updated Year-End Targets:
đ» XRP â $2.80 (down from $8)
đ» BTC â $100,000 (down from $150,000)
đ» ETH â $4,000 (down from $7,000)
đ» SOL â $135 (down from $250)
The most dramatic revision comes for $XRP, with a roughly 65% reduction in its projected price target.
đ§ 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.
đ Market sentiment may stay fragile until stronger catalysts emerge â whether from ETF flows, regulatory clarity, or macro stabilization.
Are these revised targets realistic⊠or overly cautious? đ€
Drop your outlook below đ
DYOR No Financial advice!
#XRP #BTC #ETH #CryptoNews #MarketRebound
