Bitcoin Price Could Fall to $50,000, Standard Chartered Says — Is a Crash Coming?
The post Bitcoin Price Could Fall to $50,000, Standard Chartered Says — Is a Crash Coming? appeared on BitcoinEthereumNews.com.
Bitcoin price rose 2.49% in the last 24 hours to $67,865.57, despite recent bearish market conditions. In the last month, Bitcoin has been shed by 27% of its recent highs around the $90,000 mark, raising concerns among investors. Standard Chartered has now projected a possible drop to $50,000 in case of a further downward trend. Ether and XRP are testing the key level of support. ETH is above $1,900 and below the psychological $2,000 level. The world cryptocurrency market has experienced a slight recovery, with an increase of 1.54% to total market cap of 2.31 trillion. The bulls are trying to take over again, yet uncertainty still looms over the short-term crypto sentiment. Standard Chartered Forecasts Bitcoin Drop to $50K, Ethereum to $1,400 Standard Chartered has revised its near-term outlook for cryptocurrencies, predicting further price declines before any potential recovery later this year. Geoffrey Kendrick, head of digital assets research at the bank, believes that the current macroeconomic environment is unlikely to provide much support in the near term. He also believes that the situation might be different in case Kevin Warsh might replace the Federal Reserve Chair. Kendrick anticipates that Bitcoin price could fall to around $50,000, while Ethereum (ETH) might dip to $1,400 in the coming months. Nonetheless, he observes these levels as potential purchasing opportunities prior to a rebound. This is a negative shift in expectations, as the bank lowered its target on Bitcoin to $100,000 at the end of the year compared to its previous target of 150,000. Likewise, the Ether target has been lowered to $4,000, as compared to the previous amount of $7,500. These changes are structured, with Kendrick already reducing the target of Bitcoin by a factor of three in December to less than $300,000. The report indicates that the digital assets may…
Filed under: News - @ February 12, 2026 7:28 pm