Standard Chartered forecasts that by the end of 2026, Bitcoin will reach $100,000 and Ethereum will rise to $4,000, although both are expected to drop to $50,000 and $1,400, respectively, in the short term. This prediction aligns with recent market trends indicating that the cryptocurrency market is maturing, with more orderly asset drawdowns as compared to previous cycles. The bank’s head of digital asset research notes that the influence of institutional investors and ETF products is likely cushioning the market downside, resulting in less severe overall declines. Despite recent price drops and reduced ETF holdings, the bank maintains a bullish long-term outlook, underscoring its confidence in the continued development and resilience of the digital asset sector.
Standard Chartered forecasts Bitcoin to hit $100K, Ethereum to reach $4K by 2026
