Standard Chartered lowered its 2026 price target for XRP from $8 to $2.80, citing market conditions and weakening demand expectations, marking a roughly 65% reduction.
Harvard University reduced its Bitcoin ETF holdings by 21% while announcing a new $86.8 million position in an Ethereum ETF.
According to CoinShares data, digital asset investment products recorded $173 million in net outflows last week, extending the streak to a fourth consecutive week of withdrawals.
Russia’s Ministry of Finance reported that daily cryptocurrency trading volume in the country stands at around $650 million, with a significant portion taking place outside regulated channels.
Brian Armstrong said retail investors remain resilient despite recent price pullbacks, adding that BTC and ETH purchases have continued during market dips.
Bitcoin is trading at $67,990, while Ethereum is trading at $1,972.
Developments expected during the day:
Senso (SENSO): A new announcement is scheduled. General Market Data: The Chinese New Year begins.
