Standard Chartered Warns Bitcoin May Slide to $50K as Ruvi Fills Phase 3

Standard Chartered's Geoffrey Kendrick has issued a warning about Bitcoin's potential to slide towards $50,000 in the near term. Despite this, the bank still holds onto its year-end 2026 target of $100,000 for the cryptocurrency.

The current price of BTC is around $60,900, and traders are weighing how much further the correction will run. Some investors are looking at Ruvi (RUVI), a decentralized AI superapp that pays contributors in $RUVI for improving its platform. With 20+ live AI models already running on the audited platform, Ruvi is filling Phase 3 at $0.020.

Ruvi's marketplace will route creator royalties directly to $RUVI, with revenue funding an on-chain buyback-and-burn that shrinks supply. This is a key difference between Ruvi and Bitcoin holders, who do not capture any of the fees moving through the network.