{"id":9108,"date":"2025-01-22T16:10:03","date_gmt":"2025-01-22T16:10:03","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9108"},"modified":"2025-01-22T16:10:03","modified_gmt":"2025-01-22T16:10:03","slug":"bitcoin-could-drop-up-to-20-as-trump-hope-fades-standard-chartered-warns","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=9108","title":{"rendered":"Bitcoin Could Drop Up To 20% As Trump &#8216;Hope&#8217; Fades, Standard Chartered Warns"},"content":{"rendered":"<div>\n<p><strong>Standard Chartered<\/strong>\u2018s <strong>Geoffrey Kendrick<\/strong> on Wednesday cautioned that digital asset prices are poised for a potential 10-20% correction as \u201chope\u201d that is <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/43096311\/exclusive-trump-does-not-establish-bitcoin-reserve-crypto-friendly-policies-on-day-1-and-now\">currently driving the markets fades<\/a>.<\/p>\n<p>This assessment comes after President <strong>Donald Trump<\/strong>&#8216;s day one executive orders made no mention of digital assets, causing an immediate negative effect on prices. <\/p>\n<p>According to Kendrick, current market optimism is based on speculative hopes, which are unsustainable.<\/p>\n<p>Kendrick\u2019s note suggests that this initial drop is \u201cphase 1\u201d before an eventual rebound. <\/p>\n<p>This is based on the fact that it may take \u201cseveral weeks\/months\u201d before the new administration acts on its promises around digital assets. <\/p>\n<p>With the digital asset sector &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/43133561\/bitcoin-could-drop-up-to-20-as-trump-hope-fades-standard-chartered-warns\" alt=\"Bitcoin\" could drop up to as trump fades standard chartered warns>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Standard Chartered\u2018s Geoffrey Kendrick on Wednesday cautioned that digital asset prices are poised for a potential 10-20% correction as \u201chope\u201d that is currently driving the markets fades. This assessment comes after President Donald Trump&#8216;s day one executive orders made no mention of digital assets, causing an immediate negative effect on prices. According to Kendrick, current [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-9108","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9108"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9108\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}