Why is Crypto Down Today? Bitcoin ETF Outflows Hit $410M As Standard Chartered Slashes BTC, ETH, SOL, XRP Targets

Bitcoin continues to battle for path, as BTC USD trades close to $68.7k. Bitcoin continues to stay 40-50% under its ATH, pulled down by persistent outflows from US Spot ETFs and dangerously skinny liquidity. In the meantime, banking big Customary Chartered has formally slashed its value predictions for Bitcoin, Ethereum, XRP, and Solana. “We expect ETF holders usually tend to promote for now, driving additional draw back stress,” stated Geoffrey Kendrick, the financial institution’s International Head of Digital Belongings Analysis.

You probably have checked out your portfolio lately and felt a sinking feeling, you aren’t alone in watching the ocean of purple.

Moreover, Harvard Administration Firm, the entity managing the favored college’s whole endowment) has determined to not exit crypto, however to rotate. In accordance with a 13F submitting, the corporate diminished its Bitcoin ETF holdings by 21% a brand new $86.8 million place within the iShares Ethereum Belief. Notably, the Harvard Administration Firm had tripled down on its bitcoin wager in 2025.

Is it a transparent warning for us to brace for extra volatility? May costs slide considerably decrease earlier than discovering a backside later this yr?

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Customary Chartered Warns Bitcoin May Slide Towards $50,000, Ethereum Would possibly Backside Out Close to $1,400

The financial institution’s revised numbers for the approaching years are stark in comparison with earlier optimism. Bitcoin’s 2026 goal was minimize from $150,000 to $100,000. Ethereum ‘s 2026 goal was slashed from $7,500 all the way down to $4,000. XRP was diminished from $8.00 to $2.80, a harsh actuality examine as XRP holders understand losses from panic promoting throughout this downturn and Solana (SOL) was minimize from $250 to $135.

Customary Chartered simply slashed its BTC goal, and it’s a significant actuality examine.

• Goal Minimize: The financial institution dropped its 2026 forecast from $150K to $100K, warning of a potential slide to $50K first.

• On-Chain Ache: Lengthy-term holder capitulation has hit ranges not seen since… pic.twitter.com/wxfTrOOp9F

— Crypto Fundi (@cryptofundix) February 13, 2026

When an establishment as massive as Customary Chartered adjusts its outlook, your complete market tends to concentrate. Often identified for bullish predictions, their resolution to chop targets alerts that huge cash traders are feeling cautious. This isn’t nearly crypto charts; it’s concerning the larger financial image.

As crypto market publicity to macro turbulence persists, world rates of interest and Federal Reserve insurance policies are weighing closely on dangerous property. The financial institution’s analysts consider the present “macro backdrop” received’t present a lot assist to crypto costs for a number of months. This confirms that even institutional gamers count on a “clear out” interval earlier than the following leg up.

Kendrick, the financial institution’s International Head of Digital Belongings Analysis, didn’t sugarcoat the short-term outlook. Kendrick warned that Bitcoin may slide towards $50,000 and Ethereum would possibly backside out close to $1,400. This tracks with present fears, as Ethereum drops close to $2,000 have already introduced a difficult panorama for holders.

Customary Chartered analyst Geoffrey Kendrick’s forecast of XRP reaching $8 by finish of 2026 is making the rounds once more pic.twitter.com/ZpHNIVgOpj

— Zach Rector (@ZachRector7) December 28, 2025

Kendrick notes that massive institutional traders holding Bitcoin ETFs are at the moment extra prone to promote than purchase the dip.

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What This Means for Crypto Buyers

The context is significant right here. Customary Chartered nonetheless predicts Bitcoin may get well to hit $200,000 by 2027. The quick future, nevertheless, requires endurance and a cool head. As famous in discussions on Bitcoin volatility and HODLer psychology, these steep drops typically check your conviction probably the most proper earlier than a restoration.

Moreover, the financial institution suggests the macro atmosphere may enhance round Could, assuming Kevin Warsh takes over on the Federal Reserve. Whereas the quick time period appears rocky, the long-term thesis for crypto stays intact.

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Key Takeaways

Citing the current $410M in ETF outflows alone, analyst Geoff Kendrick slashed his 2026 targets, warning that BTC may check $50k and ETH may drop to $1,400 earlier than any restoration.

The crypto market stays in a fragile state of discovery following the early-February correction.

The submit Why is Crypto Down At this time? Bitcoin ETF Outflows Hit $410M As Customary Chartered Slashes BTC, ETH, SOL, XRP Targets appeared first on 99Bitcoins.

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