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Standard Chartered Says Bitcoin Sell-Off Is Near Bottom

2026-06-08 17:57:38

Abstract generation in progress

Standard Chartered assessed that Bitcoin's recent sharp sell-off is approaching a bottom. Geoffrey Kendrick said Bitcoin could reach $100,000 by the end of 2026 and Ethereum could reach $4,000. Kendrick identified Strategy's sale of 32 BTC as the direct cause of this week's decline.

BTC-0.62%

ETH-1.27%

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