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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
In a move reflecting growing optimism toward digital assets, Standard Chartered expert Geoff Kendrick stated that the so-called "crypto winter" has officially ended. According to reports, the bank maintained its bullish stance, forecasting that Bitcoin will exceed $100,000 and Ethereum will surpass $4,000 by the end of 2026. This analysis suggests a structural recovery phase is underway, signaling a shift in the long-term market cycle for major cryptocurrencies.
These forecasts align with a broader institutional pivot toward crypto; for instance, analysts at Bernstein recently raised their Bitcoin price target to $200,000 by 2025, according to published research. This institutional support provides a backdrop for Standard Chartered's own conviction. Per market data, the bank's stock (2888.HK) closed at HKD 211 on June 18, 2026, reflecting steady investor sentiment as the bank deepens its footprint in digital asset analysis.
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Sign InTraders should monitor current price levels, with 2888.HK at HKD 211 (close June 18, 2026) and a recent daily high of HKD 212.4. Looking ahead, global risk appetite may be influenced by upcoming central bank catalysts, including interest rate decisions in Japan and Australia scheduled for June 16, which could impact the broader liquidity environment necessary for the crypto market's projected ascent.