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coinpedia 2024-05-01 16:44:37

Standard Chartered Forecasts Bitcoin Could Decline to $50,000 Amid Market Conditions

The post Standard Chartered Forecasts Bitcoin Could Decline to $50,000 Amid Market Conditions appeared first on Coinpedia Fintech News Standard Chartered Bank predicts Bitcoin’s price, currently around $57,000, could drop to $50,000 as it breached the $60,000 threshold. The head of forex and digital assets research, Geoffrey Kendrick highlighted crypto-related concerns like U.S. ETF outflows and the heated response to the launches of Hong Kong ETF. Other influences include macro trends like U.S. liquidity …

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