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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InAmid heightened anticipation in digital asset markets, Standard Chartered has reaffirmed its bullish price target for Bitcoin, projecting it to reach $100,000 by the end of 2026. The bank characterized the recent selloff in Strategy (STRC) shares as a challenge related to signaling and communication rather than a fundamental solvency problem. This stance serves to bolster confidence in Bitcoin's long-term value proposition despite recent volatility affecting major institutional players in the sector.
These projections arrive as crypto-linked equities show mixed performance; for instance, MicroStrategy reported continued growth in its Bitcoin treasury during recent earnings calls, supporting the institutional 'HODL' narrative. Regarding the bank's own market position, Standard Chartered (2888.HK) shares closed at HKD 222 on July 10, 2026, per market data, reflecting a stable corporate backdrop as the institution maintains its aggressive crypto-asset forecasts.
Traders should monitor Bitcoin's price action relative to institutional sentiment, noting that 2888.HK stood at HKD 222 at the close of July 10, 2026. While the upcoming economic calendar lacks immediate crypto-specific catalysts, broader market sentiment remains sensitive to central bank rhetoric which could dictate the flow of capital into high-risk digital assets in the coming weeks.