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ETHUSD Rebounds as Standard Chartered Calls Crypto Bottom, Targets $4,000

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The Story

News Summary

  • Standard Chartered analyst Geoffrey Kendrick declared Bitcoin's $59,000 mark as the cycle bottom, driven by SpaceX IPO completion and lower oil prices.
  • The bank projects year-end targets of $100,000 for Bitcoin and $4,000 for Ethereum, with ETH expected to outperform.
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ETHUSD price history

2441.79 +24.26% over the displayed period

Advisor Snapshot

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