AI panic spreads, Standard Chartered lowers Bitcoin target price, BTC may retest $50,000

The disruptive impact of artificial intelligence continues to spread, with US tech stocks and Bitcoin prices weakening, silver plummeting, and investors flocking to the safe haven of US Treasury bonds. Bitcoin (BTC) continues to decline, briefly dropping to $65,118 this morning. Standard Chartered analysts have revised down their 2026 year-end target price from an initial $150,000 to $100,000. They also expect Bitcoin’s price could fall to $50,000 (or slightly below $50,000), with Ethereum’s price dropping to $1,400.

AI Risks Continue to Spread

The sharp volatility in the US stock market reflects the growing risks brought by the AI boom and its unpredictable ripple effects across industries, regions, and asset classes. These fluctuations highlight how sentiment shifts around AI can quickly impact broader sectors beyond technology.

Cisco’s stock plunged 12% as weak profit margin expectations signal that rising memory chip prices are impacting it. This wave of declines, spreading from tech stocks to logistics and commercial real estate, shows investor concerns about AI’s influence.

Traders are closely watching the key inflation report due on Friday. Market consensus predicts the core Consumer Price Index, excluding food and energy, will rise 2.5% annually.

Bitcoin Continues to Fall, Standard Chartered Cuts Target Price

Bitcoin (BTC) continues its decline, briefly reaching $65,118 this morning. At this time, Standard Chartered analysts have revised down their 2026 year-end target price from $150,000 to $100,000.

Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered, stated:

“I believe digital asset prices will experience more pain in the coming months and ultimately face a wave of selling. Before Kevin Warsh takes over as Federal Reserve Chair, the macroeconomic environment is unlikely to provide support.”

He also anticipates Bitcoin could fall to $50,000 (or slightly below), with Ethereum dropping to $1,400. However, he considers these levels to be good buying opportunities.

Standard Chartered has also lowered its year-end target prices for various cryptocurrencies, with Bitcoin reduced from $150,000 to $100,000, and Ethereum from $7,500 to $4,000.

This article on AI panic spreading, Standard Chartered lowering Bitcoin targets, and BTC potentially retesting $50,000 first appeared on Chain News ABMedia.