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Standard Chartered Warns Bitcoin Price Could Fall to $50K

Standard Chartered Warns Bitcoin Price Could Fall to $50K


Bitcoin.com
2024-05-02 23:16:54

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


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