S&P 5007,765.36▼0.5% Nasdaq27,193.34▼1.2% Dow51,231.64▲0.1% Russell 2K2,794.13▲0.0% 10-Yr5.23%−5bp VIX15.41+0.33 WTI$91.10▲3.2% Gold$4,157.80▲0.4% EUR/USD1.122▼0.3% BTC$81,907▼1.4% Nikkei70,036▼0.9%
At close · Thu, Oct 8, 2026
Daily Market Updates.

Crypto

Home›Crypto›Bitcoin›Standard Chartered keeps its $100,000 bitcoin target t…

Standard Chartered keeps its $100,000 bitcoin target through 2026

Reported · Written up by our desk · Bitcoin

Standard Chartered has reiterated its end-2026 bitcoin target of $100,000, according to The Block.

The bank said the market concerns around Strategy’s STRC pivot are best viewed as a communications challenge rather than a solvency issue, The Block reported.

In that framing, Standard Chartered described the selloff tied to Strategy as a signaling problem, not evidence that bitcoin support is at risk, per The Block.

Latest closeBitcoin $81,906.63 ▼1.4%

← Newer storyGBP/JPY slips as yen strengthens on Japan pension fund comments

More like this

CryptoBitcoin holds near $83,800 as stocks rebound from Korea tech rout
CryptoStrategy bought 250 Bitcoin while spending $192.4M on STRC buybacks
CryptoBitcoin whale transfers $377.6 million after more than six years dormant
CryptoBitcoin slips 2.2% after oil jumps on Ukraine and Iran strike reports
CryptoStrategy Smash buys $21.5M in BTC as it resumes weekly accumulation

Sources

The Block‘Communication challenge, nothing more’: Standard Chartered keeps $100,000 bitcoin target, calls Strategy selloff a signaling problem

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.