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

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

When you’ve got checked out your portfolio not too long ago and felt a sinking feeling, you aren’t alone in watching the ocean of crimson.

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Moreover, Harvard Administration Firm, the entity managing the favored college’s complete endowment) has determined to not exit crypto, however to rotate. In line with a 13F submitting, the corporate decreased 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? Might costs slide considerably decrease earlier than discovering a backside later this yr?

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Customary Chartered Warns Bitcoin Might Slide Towards $50,000, Ethereum May 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 right down to $4,000. XRP was decreased from $8.00 to $2.80, a harsh actuality verify as XRP holders notice 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 serious actuality verify.

• Goal Lower: The financial institution dropped its 2026 forecast from $150K to $100K, warning of a doable 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 giant as Customary Chartered adjusts its outlook, the whole market tends to concentrate. Normally identified for bullish predictions, their determination to chop targets alerts that huge cash traders are feeling cautious. This isn’t nearly crypto charts; it’s concerning the greater financial image.

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

Kendrick, the financial institution’s International Head of Digital Belongings Analysis, didn’t sugarcoat the short-term outlook. Kendrick warned that Bitcoin might slide towards $50,000 and Ethereum may 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 vast institutional traders holding Bitcoin ETFs are at present extra more likely to promote than purchase the dip.

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What This Means for Crypto Traders

The context is important right here. Customary Chartered nonetheless predicts Bitcoin might get better to hit $200,000 by 2027. The rapid future, nonetheless, requires endurance and a cool head. As famous in discussions on Bitcoin volatility and HODLer psychology, these steep drops usually take a look at your conviction probably the most proper earlier than a restoration.

Moreover, the financial institution suggests the macro setting might enhance round Might, assuming Kevin Warsh takes over on the Federal Reserve. Whereas the brief time period seems rocky, the long-term thesis for crypto stays intact.

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