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Start your day with the US Morning Crypto Newscast – your essential summary of the day’s most important cryptocurrency developments.
Grab your coffee as it looks like the cryptocurrency market may be heading into a new period of turmoil. Analysts warn that more volatility could be on the horizon as macro uncertainty grows and investor sentiment weakens, setting the stage for a potentially pivotal moment before any real recovery begins.
Today’s Cryptocurrency News: Standard Chartered Warns Against Final Capitulation, Sees Bitcoin Could Fall to $50,000 Before Recovery
Standard Chartered Bank has warned that cryptocurrency markets could face a final round of selling pressure before a broader recovery takes place. According to the bank, Bitcoin could fall to $50,000 Ethereum at $1,400 In the coming months.
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Geoff Kendrick, head of digital asset research at the bank, said in a note to clients that the near-term outlook remains challenging as headwinds in the economy and…Weak ETF flows.
Kendrick said he expects to see more pain and a possible capitulation period for digital asset prices in the coming months. He added that the macroeconomic environment is unlikely to provide support until Warsh is close to taking a position at the Fed.
Kendrick said that Current correction It’s not over yet, and the markets need more time to find a sustainable bottom. On the negative side, it is expected:
Expect BTC to reach $50,000 or a little less, and ETH to reach $1,400.
Despite this short-term negative trend, Kendrick saw these levels as strategic entry points rather than structural breaks.
Kendrick confirmed that they will be buying levels, with expectations for the end of the year at $100,000 (btc) and $4,000 (eth). He advised to be careful.
The revised forecast indicates a significant decrease from the bank’s previous targets of $150,000 for Bitcoin and $7,500 for Ethereum, as reported in the latest… US cryptocurrency news publication.
Standard Chartered remains positive in the long term once the current downturn ends.
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Economic headwinds and ETF flows
Kendrick emphasized this Macroeconomic conditions It greatly affects digital assets. While the US economy may be in a slump, the markets are not buying in the upcoming interest rate cuts.
Kendrick said the macroeconomic risk environment has become more challenging — the U.S. economy may be in a downturn, but markets don’t expect more interest rate cuts until Worsh takes over as Fed chair in June.
With possibility Postponing liquidity supportInvestor behavior is changing. The Standard Chartered executive notes that digital asset ETF holdings have declined (and in order), and that the average Bitcoin ETF is now down about 25%.
Given this context, we believe ETF holders are more likely to sell rather than buy the dip at the moment, Kendrick said.
It is considered The decrease in ETF holdings Especially important because Bitcoin spot funds were a major catalyst for inflows during the most recent rally. A prolonged period of recovery can amplify the volatility of the meeting if the sentiment deteriorates further.
A more resilient market structure with a recovery path until 2026
Although more losses are expected, Standard Chartered confirms that the current sell-off is fundamentally different from previous declines in the cryptocurrency market.
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Kendrick said the recent price action of digital assets has been difficult, to say the least. We expect further declines in the short term and are lowering our forecasts across all asset classes. However, we expect prices to recover after bottoming in the coming months, and our positive long-term view remains.
He also noted that this decline was less severe than previous declines and did not witness the collapse of any digital asset platform (As it happened in 2022). In Kendrick’s opinion, this indicates that cryptocurrencies as an asset class are starting to mature and become more flexible.
This structural resilience can ultimately support a stronger recovery phase when macroeconomic conditions stabilize and liquidity expectations change.
Looking beyond the expected capitulation phase, Standard Chartered expects a recovery during the remainder of 2026.
After the bottom, we expect the asset class to recover for the rest of 2026, Kendrick said.
The bank now expects Bitcoin to reach $100,000 and Ethereum to reach $4,000 by the end of 2026, with the rest of the digital asset likely to “follow the major currencies in general.”
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Standard Chartered expects the price of Bitcoin to fall to $50,000 before any recovery. Such a move would be a 26% drop below current levels.
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Here’s a roundup of today’s US cryptocurrency news:
Overview of Crypto actions before the market opens
| Company | Closing price until February 11th | Overview before the market opens |
| My Strategy (MSTR) | $120.14 | $122.54 (+1.11%) |
| Coinbase (COIN) | $153.20 | $154.29 (+Ù .71%) |
| Galaxy Digital Holdings (GLXY) | 20, Ù¤Ù $ | $20.46 (+Ù .29%) |
| Mara Holdings (MARA) | ٧.٥٦ $ | $7.64 (+1.06%) |
| Riot Platforms (RIOT) | ١٤,٨٠$ | $١٤.٨9 (+٠.٤١%) |
| Core Scientific (CORZ) | $18.00 | $18.19 (+Ù .55%) |
