Morning Minute: Standard Chartered Says the Crypto Winter Is Over

Tyler Warner

Mon, June 15, 2026 astatine 8:04 AM CDT 4 min read

Morning Minute is simply a regular newsletter written by Tyler Warner. The investigation and opinions expressed are his ain and bash not needfully bespeak those of Decrypt. And cheque retired our new regular quality show covering each of the apical stories successful 5 minutes, downloadable connected Apple Pod oregon Spotify.

GM!

Today's apical news:

• Crypto majors leap implicit the play connected Iran bid woody progress; BTC astatine $66.5k, HYPE +12%

• BTC ETFs spot biggest inflows successful a period connected Friday, reversing inclination

• ZEC soars 20% aft Zooko announces a Mythos audit recovered nary vulnerabilities

• AERO jumps 15% aft rolling retired Predictive Allocation upgrade

• Collector Crypto executes $4M airdrop, token holds astatine $70M

🌱 Standard Chartered Says the Crypto Winter Is Over

In a Friday note, Standard Chartered's caput of integer assets research, Geoff Kendrick, wrote that Bitcoin's descent to astir $59,000 connected June 5 marked the rhythm low.

His words: "Winter is over. Welcome backmost to crypto spring." The slope is holding a $100,000 year-end target, astir 70% supra existent levels, and expects Ether to outperform Bitcoin connected the mode up. He says the lows are successful and adjacent formed the existent terms arsenic the introduction everyone volition privation they'd taken. Looking backmost from year-end with Bitcoin astatine $100k, "this was the buying portion we each wanted."

Is Geoff right?

Well, the 3 overhangs that had been grinding crypto little for weeks are each starting to assistance astatine once.

• The archetypal was the SpaceX IPO, which had turned into a liquidity vacuum arsenic traders (seemingly) sold Bitcoin to escaped up currency for the largest offering successful history. That woody is present done, SPCX jumped 19% successful its Friday debut, and with the allocation scramble over, the forced ETF selling should fade.

• The 2nd was the Iran war. Trump declared it implicit connected Thursday evening and a US-Iran bid woody looked adjacent heading into the G7, which knocked lipid down to $81 and its lowest effectual level since aboriginal March.

• The 3rd was the ETF bleed out. After astir $5 cardinal successful outflows since mid-May, the sharpest selling since these funds launched, wealth started flowing backmost successful connected Friday with the BTC ETFs seeing $85M successful inflows for their biggest time successful a month, helping Bitcoin reclaim $64,000.

'Winter Is Over': Standard Chartered Calls Crypto Bottom arsenic Bitcoin Recovers From $60K Fall

Put together, that is simply a genuine alteration successful the setup. But, it inactive has to play out. The SpaceX IPO liquidity drain whitethorn not genuinely beryllium felt for weeks. It's ever hard to spot the bid talks astir the Iran war. And arsenic for the ETF flows, good they tin beryllium fickle.