Standard Chartered has forecasted a decline in Bitcoin's price to $50,000 and Ethereum's to $1,400 in the near term. The bank attributes this potential downturn to outflows from cryptocurrency exchange-traded funds (ETFs) and broader macroeconomic pressures. This prediction comes as the crypto market faces increased volatility and regulatory scrutiny, impacting investor sentiment and market dynamics.
Standard Chartered Predicts Bitcoin Drop to $50,000 Amid ETF Outflows
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