The Standard Chartered Effect: Is bank research becoming crypto’s new short-term catalyst?
Standard Chartered initiated coverage on Arbitrum's ARB token on the morning of Sept. 15 with a $10 price target for 2030. That implies roughly 70 times upside from a token trading near $0.13 and down about 1% over the prior 24 hours. In the same session, ARB gained up to 9%, Bitcoin fell around 4%, […] The post The Standard Chartered Effect: Is bank research becoming crypto’s new short-term catalyst? appeared first on CryptoSlate.
Key Takeaways
- Standard Chartered initiated coverage on Arbitrum's ARB token on the morning of Sept.
- 15 with a $10 price target for 2030.
- That implies roughly 70 times upside from a token trading near $0.13 and down about 1% over the prior 24 hours.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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