Standard Chartered Bank has significantly lowered its year-end price target for XRP from $8 to $2.8, a reduction of approximately 65%, and expects the crypto market to remain under pressure in the short term. Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered, stated that recent digital asset price performance has been "extremely challenging," hence the downward adjustment of forecasts for all asset classes. In addition to XRP, Standard Chartered also lowered its year-end price targets for BTC to $100,000 (previously $150,000), ETH to $4,000 (previously $7,000), and SOL to $135 (previously $250). (DL News)
Standard Chartered Bank has significantly lowered its year-end price target for XRP from $8 to $2.80.
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