Standard Chartered’s Geoffrey Kendrick says bitcoin’s steep decline is part of a recurring pattern, with a rebound into year-end in his base case.

bitcoinBitcoin
$ 68,444.00
$ 68,444.00
2.41%
ethereumEthereum
$ 1,950.47
$ 1,950.47
6.73%
tetherTether
$ 0.999564
$ 0.999564
0%
xrpXRP
$ 1.46
$ 1.46
2.31%
bnbBNB
$ 613.57
$ 613.57
3.04%
usd-coinUSDC
$ 0.99996
$ 0.99996
0.01%

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bitcoin
Bitcoin (BTC) $ 68,444.00
ethereum
Ethereum (ETH) $ 1,950.47
tether
Tether (USDT) $ 0.999564
xrp
XRP (XRP) $ 1.46
bnb
BNB (BNB) $ 613.57
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
usd-coin
USDC (USDC) $ 0.99996