Bitcoin Could Drop Further to as Low as $50K, Standard Chartered Says

Bitcoin Could Drop Further to as Low as $50K, Standard Chartered Says

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Source: Coindesk.com

Bitcoin could target $50K-$52K on the downside, Standard Chartered said. The bank said bitcoin is now trading below the average spot ETF purchase price of $58K. Risk assets like crypto are feeling the pinch due to rising macro headwinds and falling liquidity.

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Source: Coindesk.com

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