BlockBeats News, February 16 — After a brutal sell-off in the cryptocurrency market in February, Standard Chartered Bank analysts revised their outlook, significantly lowering the bank’s year-end target price for XRP by 65%. The bank previously predicted that XRP would rise to $8 by the end of 2026. However, in a report to investors on Thursday, this forecast was lowered to $2.8.
Standard Chartered Bank’s downward revisions are not limited to XRP.
The bank also lowered its year-end target price for Bitcoin from $150,000 to $100,000, Ethereum from $7,000 to $4,000, and Solana from $250 to $135.
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