Standard Chartered projects Bitcoin to fall to USD 50k, and Ethereum to fall to USD 1.4k in the "next few months"; cuts its year-end forecast to USD 100k (prev. saw 150k), year-end Ethereum forecast to USD 4k (prev. USD 7.5k)

Standard Chartered's revised forecasts signal a bearish outlook for Bitcoin and Ethereum, projecting significant declines in both cryptocurrencies over the next few months.

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Standard Chartered projects Bitcoin to fall to USD 50k, and Ethereum to fall to USD 1.4k in the "next few months"; cuts its year-end forecast to USD 100k (prev. saw 150k), year-end Ethereum forecast to USD 4k (prev. USD 7.5k)

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This adjustment reflects broader concerns in the crypto market and could impact risk sentiment across other asset classes, particularly if traders adjust their positions in response to these forecasts.

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