Overview
- The bank lowered 2026 targets to $100,000 for Bitcoin, $4,000 for Ethereum, $2.80 for XRP, and $135 for Solana, while warning Bitcoin could test near $50,000 and Ethereum about $1,400 before any rebound.
- The coverage reports roughly $410 million in recent US spot Bitcoin ETF outflows that have added to selling pressure.
- Bitcoin is reported trading near $68,700, with market depth described as thin after recent deleveraging.
- Harvard Management Company cut its Bitcoin ETF holdings by 21% and disclosed an $86.8 million position in the iShares Ethereum Trust, according to a 13F filing.
- Despite short-term stress, Standard Chartered maintains a conditional view that Bitcoin could reach $200,000 by 2027.