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Standard Chartered Sees Ethereum At $40,000 By 2030, Cuts 2026 Target
TL;DR:
Standard Chartered has set a new long-range target of $40,000 for Ethereum (ETH) by end-2030, while cutting its end-2026 forecast sharply, arguing that Ethereum’s relative setup is improving even as Bitcoin-led weakness has weighed on absolute crypto price targets. In a research note, the bank’s dig...
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence BTC price action and market sentiment in the near term.