Coinbase Takes Fresh Blows With the Crypto Rout Deepening
Affected assets and topics
Why it matters
Coinbase's stock takes a hit as Standard Chartered lowers its year-end Bitcoin forecast and Monness, Crespi, Hardt & Co. downgrades Coinbase to sell, citing a potential drop in cryptocurrency prices.
Article tone
Expected market reaction
Market impact analysis based on bearish sentiment with 90% confidence.
Evidence trail
Evidence
AI provenance
Technical identifiers
- Provider tag
- groq-llama-3.1-8b-instant
- Analysis version
- groq-llama-3.1-8b-instant
- Article id
- 45265
Original source
Standard Chartered lowered its year-end 2026 Bitcoin forecast to $100,000 from $150,000 — and from $300,000 just months earlier — warning the cryptocurrency could drop to $50,000 before stabilizing. At the same time, Monness, Crespi, Hardt & Co. downgraded Coinbase to sell, calling assumptions of a steady recovery “foolish + facile” given the typical length of crypto bear markets. The brokerage cut its price target by 68% to a street-low $120 and lowered revenue and earnings estimates through 2027.
Read the full article on Yahoo Finance
Original article published by Yahoo Finance on February 12, 2026. Analysis and insights provided by AnalystMarkets AI.