Daily Observation of Cryptocurrency Concept Stocks: CPI 3.5% Soft Landing + Warsh's Hawkish Testimony in Congress - Standard Chartered's conclusion of "the end of the crypto winter" is being validated by the market
Released on July 15, 2026. Geoffrey Kendrick, Global Head of Digital Asset Research at Standard Chartered PLC (LSE: $STAN), announced on June 12 that "the crypto winter is likely over," when Bitcoin was priced at around $59,000. A month later, Bitcoin had rebounded from a low of $57,950 to about $64,434 (after yesterday's CPI announcement), an increase of approximately 11%. Two of Kendrick's three bottom conditions have shown positive progress: macro inflationary pressures easing (CPI at 3.5%, below expectations) and ETF fund flows beginning to recover from the depths of extreme net outflows. Meanwhile, the signals released by Federal Reserve Chairman Warsh in his congressional testimony yesterday were far more hawkish than the market expected, creating a macro paradox of "soft CPI + hawkish Fed"—how this contradiction will affect institutions' mid-term allocation logic towards crypto assets is the latest analytical challenge that Standard Chartered must address.
