Investment bank Standard Chartered warns that a wider market sell-off and forced selling could lead to further weakness in Bitcoin and other digital assets. The market downturn was triggered by Federal Reserve Chairman Jerome Powell's hawkish press conference in December. The bank notes that investors who bought into Bitcoin after the US election are now only breaking even, increasing the risk of panic selling. If Bitcoin falls below the key $90,000 level, it could retrace 10% lower and other digital assets would likely follow suit. However, the bank still expects Bitcoin to reach $200,000 by the end of the year, driven by institutional inflows under the new Trump administration.



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