Standard Chartered Warns Bitcoin Price Could Fall to $50K Sta | Bitcoin Magazine
Standard Chartered Warns Bitcoin Price Could Fall to $50K
Standard Chartered Bank has warned that bitcoin’s price could potentially decline to $50,000. The head of digital asset research at the bank attributed this forecast to a mix of crypto-specific factors and broader macroeconomic influences. Additionally, he warned about the risk of liquidation for some spot exchange-traded fund (ETF) positions, emphasizing that over half of them are currently underwater.
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