Bitcoin is facing another major test as the current downturn is being compared with earlier FIFA World Cup-year bear markets. The pressure follows an Oct. 10 flash crash that erased $19 billion in leveraged crypto positions in one afternoon and dragged major tokens lower. The selloff pushed Bitcoin down from its $126,000 peak to $105,000. […]
Bernstein has reaffirmed its bullish Bitcoin (BTC) price prediction for 2026, arguing that the cryptocurrency remains on track to reach $150,000 despite a slowdown in capital inflows and weaker retail participation. According to the Wall Street brokerage, Bitcoin’s recent decline is primarily due to reduced investment flows rather than concerns about its long-term fundamentals. The […]
Bitcoin traded around $63,000 on Monday, clawing back from a two-month low hit on June 5 as a confluence of headwinds — spot ETF outflows, macro uncertainty, and capital rotation into artificial intelligence stocks — pushed the world’s largest cryptocurrency roughly 50% below its all-time high of $126,279 reached in October 2025. The decline has […]
While bitcoin -holder listed firm Strategy’s chairman Michael Saylor blamed the AI boom for last week’s bitcoin selloff, crypto investment firm Arca is pointing the finger squarely at Saylor himself. “The selling pressure last week was clearly due to the Saylor/MSTR news,” wrote Arca’s Chief Investment Officer Jeff Dorman in his weekly note, pushing back […]
Bitcoin has remained under pressure throughout 2026, but analysts at Bernstein have argued that the cryptocurrency’s weaker performance is helping create a more institution-focused market rather than signaling a long-term problem. According to a research note released Monday by Bernstein’s Global Digital Assets team, capital flows into Bitcoin have slowed sharply this year as retail […]
Bitcoin’s sharp 16% decline caught many off guard, but the real story lies beneath the spot price. It wasn’t a wave of retail selling that sent the asset tumbling. According to the CryptoQuant update, derivatives traders drove a capitulation event, with futures volumes dominating the action. This dynamic, where leveraged positions unwind violently, has become […]
Canadian mining billionaire Frank Giustra stated on the X social network that there is greater evidence of an extraterrestrial presence than of the possibility of Bitcoin reaching a price of $200,000. The gold advocate’s stance comes in response to projections by analyst Chris Millas and predictions by Cathie Wood, CEO of Ark Invest, who projects […]
The supply of XRP, the native token of XRP Ledger (XRPL), on Binance has dropped to a 3-month low. The XRP reserve on Binance, the largest cryptocurrency exchange by traded volume, declined to 2,704,061,448 tokens on June 7, down from 2,770,107,147 units on March 5, 2026. As such, the XRP supply on Binance dropped by […]
Benjamin Cowen, a well-known analyst in the cryptocurrency market, assessed Bitcoin’s ($BTC) current state and his expectations for the remainder of the year in his latest analysis. Cowen noted that Bitcoin managed to close last week above the 200-week moving average (200EMA), stating that this is a positive signal showing that the bulls have not […]