May 16, 2025

Bitcoin Could Drop To As Low As $88,700: Standard Chartered

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The post Bitcoin Could Drop To As Low As $88,700: Standard Chartered appeared first on Coinpedia Fintech News Standard Chartered’s digital assets researcher Geoff Kendrick believes that Bitcoin could drop to as low as $88,700. He believes that the catalyst for Bitcoin’s recent price decline was a post Bessent announcement for Treasury reduction in U.S. Treasury term premium. Kendrick added that in the short term, Bitcoin’s rally could slow as one of Bitcoin’s …

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