Standy Charted Slashes 2025 Ethereum targeted to 4 thousand dollars with a double bitcoin
Standard Charged reduced its price at the end of the year at ETHEREUM (ETH) from $ 10,000 to $ 4,000.
The declining review comes 60 % of ETH prices in the next eight months or so amid a struggle in the continuous market for the pioneering altcoin.
As for Standard Chartered, bers takes off the ETH, where the cryptocurrency suffers from what the bank analysts say is a “mid -life crisis.”
Jeff Kendrick, head of digital asset research at Standard Chartered, participated in the new price forecast on Monday, March 17, 2025.
Earlier, the massive bulls of 2024, led by the momentum of the traded boxes on the stock exchange, witnessed that Kendrick and others expect an increase to $ 10,000 in 2025 for Ethereum.
But Kendrick now sees the dominance of the over -the -coerine ethereum as the base of the Layer 2 network rises as one of the factors that attract ETH.
Standard Charterd Bank changes at the end of 2025 targeted price $ ETH From 10 thousand dollars to 4 thousand dollars
While Etherum stimulated decentralized financing (Defi), smart contracts and non -explosive symbols (NFTS) in recent years, entering new competitors means that hegemony is decreasing.
Unlike Solana and other Layer-1 networks, as well as L2S, it deals with the market share for Altcoin.
“Ethereum dominated in multiple areas as it was once prevalent,” Kendrick wrote in the note.
This lack of a decisive feature, especially in the speed of transactions and cost effectiveness, means the strong ecosystem of ETHEREUM and the attraction of institutional investors has suffered from some incursion. Prices reflect part of this. Moreover, ETH is Bitcoin performance.
The expected goal for ETHER for this year is still somewhat optimistic, given that Altcoin is currently trading over $ 1900. This means that the current price at $ 1.9 thousand will represent more than 100 % for ETH if Bulls reaches 4 thousand dollars.
What can the ether price help?
Ethereum Spot Transded (ETFS) will be a key.
This will also be the case if there is more organizational clarity. But more than just emission is what Ethereum needs, with the asset icon in the real world an important component.
ETH and its stories have been discharged in recent weeks.
However, this also includes a sleeping wallet for approximately three years to sell all 1,014.67 ETH. This pregnant woman recorded $ 1.92 million.
However, it only added to 126,000 dollars in profit, according to Data Blockchain Intelligence Arkham. Share Lokonchain Details on X.
A wallet just sold all 1,014.67 $ ETH(1.92 million dollars) after being sleeping for 3 years, with a profit of only 126 thousand dollars. I bought this portfolio 1,014.67 $ ETH($ 1.8 million) at an average price of $ 1771 and kept it for 3 years, with an unintended profit of $ 2.3 million per peak.
Intel.arkm.com/explorer/addre …
Standard Charted expects Bitcoin to reach $ 500,000
Although Standard Chartered is less optimistic about the second largest encrypted currency in the world, according to the maximum market, expectations are more pink for Bitcoin (BTC).
Analysts say the institutional feelings about the BTC, which the United States helped create the Bitcoin Strategic Reserve, can see the leading digital assets up to $ 500,000.
Bitcoin doubling refers to the feelings of the total market, as this perspective gained momentum among an American government in support of the Krbuto.
BTC is currently trading about $ 84,000. But it reached the highest level ever above 109 thousand dollars.
Post Standard Charts Slashes 2025 Ethereum the target price to 4 thousand dollars while doubled on Bitcoin for the first time on Invezz
