December 24, 2024

Rise To Thrive

Investing guide, latest news & videos!

Standard Chartered Warns Bitcoin Price Could Fall to $50K

1 min read
Standard Chartered Warns Bitcoin Price Could Fall to K
Standard Chartered Warns Bitcoin Price Could Fall to KStandard 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 […]