$800 billion banking giant cuts XRP price target by 65%

Going into 2026, the banking giant Standard Chartered was consistently and decisively bullish regarding cryptocurrencies despite the decline from the October 2025 all-time highs (ATH) arguably being in full swing. Indeed, the British behemoth with some $800 billion in assets under management (AUM) was forecasting very high 2026 year-end prices for multiple digital assets, with XRP – with a predicted rise to $8 – being no exception. The situation has changed since, and Standard Chartered appears to be capitulating to the prevailing cryptocurrency market winds. In a Thursday note, the banking giant revealed it is slashing its XRP price target by a staggering 65% source: https://finbold.com/800-billion-banking-giant-cuts-xrp-price-target-by-65/