Key Highlights Standard Chartered reduced its year-end 2026 Bitcoin price target by $50,000, citing deteriorating economic conditions and declining ETF inflows. Analysts warn that the market could see a significant capitulation toward the $50,000 level before any meaningful recovery takes place later this year. The bank anticipates downward pressure on digital assets until a leadership transition at the Federal Reserve potentially shifts the current restrictive interest rate policy. Standard Chartered Bank updated its long-term outlook for cryptocurrency on Thursday, cutting its year-end 2026 Bitcoin (BTC) price target by 33% from $150,000 to $100,000. This change was revealed in a research note from the bank’s digital assets team, led by Geoffrey Kendrick. It comes after a period of ongoing market volatility and withdrawals from US-listed spot ETFs. According to a report , the bank is taking a cautious approach with investors as the larger digital asset market continues to face challenges due to shifting economic conditions and a decline in investor risk appetite. Also Read: Denmark’s Largest Bank to Allow Investing in Bitcoin and Ethereum ETPs