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Bitcoin faces continued downside risk amid geopolitical uncertainty – StanChart

Bitcoin has encountered significant volatility, with market factors and geopolitical events making it difficult to predict where its price might settle, according to Standard Chartered head of digital assets Geoffrey Kendrick Kendrick highlighted that the recent sharp decline in Nasdaq futures and Bitcoin prices may signal a bottoming out, but geopolitical uncertainty continues to apply […] The post Bitcoin faces continued downside risk amid geopolitical uncertainty – StanChart appeared first on CryptoSlate. дальше »

2025-3-5 03:30


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StanChart warns of further downside for Bitcoin over the weekend akin to August 2024

Standard Chartered warned that Bitcoin (BTC) could potentially slip further to between $69,000 and $76,500 over the next two days, continuing its recent streak of red weekends. According to the lender’s head of digital asset research Geoffrey Kendrick, the downside risk is driven by continued ETF outflows and mounting hedge fund short position. дальше »

2025-3-1 03:53