Barclays Warns of Fewer Crypto Catalysts in 2026, Cuts Coinbase Target to $291

Barclays, in a year-end report published Friday, projects a subdued 2026 for crypto markets as spot trading volumes decline and retail engagement wanes. The bank expects few immediate catalysts, noting any regulatory progress could take time to influence activity. It also lowered its Coinbase price target to $291 amid near-term earnings pressure.