-
Coinbase takes fresh blows with the crypto rout deepening
A drumbeat of bearish signals is building across the crypto industry, with Standard Chartered slashing its Bitcoin price target and Coinbase Global Inc. (COIN) getting cut to sell as momentum traders struggle to push Bitcoin (BTC-USD) back toward its highs. Standard Chartered lowered its year-end 2026 Bitcoin forecast to $100,000 from $150,000 — and from $300,000 just months earlier — warning the cryptocurrency could drop to $50,000 before stabilizing. The bank pointed to weakening price momentum and a tougher macro backdrop while the token tumbled again Thursday, dropping as much as 4% to $65,079. “Bitcoin had ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From kitco.com | Feb 12, 2026
Bitcoin recorded a slightly lower low at $65,000 versus Saturday’s $67,000 pivot, driven by stalling price and declining volume. Daily and weekly TBO indicators remain bearish, and a drop toward $63,000 is anticipated to form a potential bear flag. Confirmation of this structure would require a subsequent higher local high on the breakout. Ethereum mirrors ...
From cmegroup.com | Feb 12, 2026
Bitcoin's price may have fallen from last year's highs, but that's not stopping a slew of ETFs from courting investors in hopes that the king of crypto will rebound this year. Regulatory tailwinds, such as the SEC's recent passage of generic listings standards (GLS) and the upcoming The Digital Asset Market Clarity (CLARITY) Act, are also expected to boost ...
From cmegroup.com | Feb 12, 2026
Since peaking between July and October 2025, the prices of cryptocurrencies have been falling sharply. Since January 1, 2025, even the best performing digital currency, Bitcoin (BTC), is down by around 26% as of February 12, 2026. The worst performer among them, Cardano (ADA), has fallen by more than 70% (Figure 1). What’s surprising about the selloff is ...
