Standard Chartered has issued a warning that Bitcoin may fall to $50,000 and Ethereum to $1,400 in the near term, citing ETF outflows and macroeconomic pressures as significant factors driving these price predictions. Outflows from spot Bitcoin and Ethereum ETFs are noted as critical downward forces affecting cryptocurrency valuations, a trend frequently monitored by major banks like Standard Chartered that base their forecasts on such market indicators and broader economic conditions, including interest rate expectations and global market sentiment.
