Standard Chartered has significantly lowered its near-term price targets for major cryptocurrencies, citing ongoing ETF outflows and broader macroeconomic headwinds. The bank now expects Bitcoin to slide to $50,000 and Ether to $1,400 before a potential recovery. This revised outlook also includes reduced 2026 price targets for several digital assets. The institution warned of further near-term capitulation across the crypto market. Price targets for Solana, XRP, BNB, and Avalanche were also lowered as part of this comprehensive reassessment.
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