Bitcoin’s Next Stop Might Be $50,000, Not the Moon, Says Standard Chartered Analyst

itcoin is at risk of deeper losses as risk appetite fades and macro pressure builds, according to Standard Chartered’s head of digital assets research Geoff Kendrick. In a note reported on by Bloomberg, Kendrick said weaker U.S. economic momentum and reduced expectations for Federal Reserve rate cuts have weighed on crypto markets. He added that…