SC: "BTC and ETH could fall further."

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Global investment bank Standard Chartered (SC) has warned of further declines in Bitcoin and Ethereum, according to Walter Bloomberg. SC analyst Geoff Kendrick stated, "Investors' appetite for risk assets has weakened. Signs of a slowing U.S. economy and the expectation that the Federal Reserve will hold off on further interest rate cuts until June have also weighed on the market. Declining holdings in spot ETFs are also weighing on the market. BTC could fall further to $50,000, and ETH could fall to $1,400."

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