Standard Chartered Bank lowered its 2026 Bitcoin price target to $100,000, warning of continued downside risks in the short term.

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According to Bloomberg, Standard Chartered has lowered its 2026 Bitcoin price target to $100,000 and warned that the cryptocurrency market may face more "growing pains." Geoff Kendrick, head of digital asset research at the bank, pointed to factors such as increased global macroeconomic risks and slowing corporate demand for Bitcoin as financial reserves. While the bank maintains its long-term vision of $500,000 by 2030, it emphasizes that the current market's upward momentum has become increasingly reliant on ETF buying, thus adopting a more cautious approach to growth expectations over the next two years.

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