Standard Chartered remains confident in Bitcoin's potential, holding a year-end price target of $100,000 despite recent market turbulence and some bearish analyst views. The bank considers Bitcoin a strong buy at around $64,000 and downplays fears related to its recent Bitcoin sales by Strategy, a major corporate holder. Although past price targets were overly optimistic, the firm now expects Bitcoin to stabilize and meet its forecast as ETF flows and corporate demand continue. This outlook suggests ongoing institutional support for Bitcoin's growth potential.
Cryptocurrency prices are fluctuating with Bitcoin trading around $63,744, showing a slight increase of 0.90%. Ethereum and several altcoins like UNI, AAVE, and DOT have seen gains ranging from 1.5% to over 4%, while others like SOL and NEAR experien...
Bitcoin climbed to an intraday high of $64,653 on July 10, recovering from earlier losses caused by Middle East tensions. This rally pushed the total crypto market cap to $2.28 trillion and forced $96 million in short liquidations, signaling renewed ...
Bitcoin climbed above $64,000 following US President Donald Trump's confirmation that the US will continue negotiations with Iran after a new request from Tehran. The market reacted positively to the diplomatic update despite Trump stating the ceasef...
Historically, Bitcoin tends to gain 17-20% in July even during bear markets, suggesting a potential near-term recovery after recent lows. While many altcoins struggle near all-time lows, Solana and Hyperliquid have outperformed with 21% gains in the ...
Bitcoin has climbed back above $64,000 after Standard Chartered reaffirmed its $100,000 price target for the end of 2026. The bank attributes recent Bitcoin price drops to investor concerns over Strategy's changing treasury approach, not Bitcoin's fu...
