Standard Chartered Bank significantly lowers year-end target price for XRP, reduces bitcoin target price to $100,000
BlockBeats News, February 16 — After the cryptocurrency market experienced a brutal sell-off in February, analysts at Standard Chartered revised their outlook and slashed the bank’s year-end target price for XRP by 65%. Previously, the bank had predicted that XRP would rise to $8 by the end of 2026. However, in a report to investors on Thursday, this forecast was lowered to $2.8.
Standard Chartered has lowered its forecasts not only for XRP.
The bank also reduced its year-end target price for bitcoin from $150,000 to $100,000, for ethereum from $7,000 to $4,000, and for solana from $250 to $135.
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