Ether in Structural Decline, Year-End Price Target Slashed to $4K: Standard Chartered
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Standard Chartered has reduced its year-end price target for Ether to $4,000, citing a structural decline. The report highlights that Coinbase's Base has negatively impacted Ether's market cap by $50 billion.
March 18, 2025 | 11:30 am
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Standard Chartered has slashed its year-end price target for Ether to $4,000, indicating a structural decline. The report attributes a $50 billion reduction in Ether's market cap to Coinbase's Base.
The reduction in Ether's market cap by $50 billion due to Coinbase's Base suggests a significant impact on its valuation. Standard Chartered's lowered price target further indicates a bearish outlook.
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