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Standard Chartered Bank significantly lowers year-end target price for XRP, Bitcoin target price reduced to $100,000

BlockBeats news, on February 16, following a brutal sell-off in the cryptocurrency market in February, Standard Chartered Bank analysts revised their outlook, significantly lowering the bank’s year-end price target for XRP by 65%. The bank had previously predicted that XRP would rise to $8 by the end of 2026. However, in a report to investors on Thursday, that forecast was revised down to $2.8.

Standard Chartered Bank did not just lower its forecast for XRP.

The bank also lowered its year-end price target for Bitcoin from $150,000 to $100,000, Ethereum from $7,000 to $4,000, and Solana from $250 to $135.