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Bitcoin price likely to drop further, possibly below $40,000 before late 2026, says Galaxy Digital.

Market News
12 Jun 2026
Finbold
View Source
Bearish
Bitcoin price likely to drop further, possibly below $40,000 before late 2026, says Galaxy Digital.

Galaxy Digital reports that Bitcoin's price has not yet hit its cycle bottom and is expected to fall further, potentially reaching between $40,000 and $46,000 before Q4 2026. The current decline is deeper than previous mild drops but still shallower than historic bear markets, which saw 77%-85% drops. Galaxy also presents scenarios where Bitcoin could fall as low as $30,000 or hold steady near $51,000-$54,000, depending on market conditions and institutional buying. This outlook highlights ongoing volatility and the importance of monitoring market trends for investors.

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Polygon burns 100 million POL tokens, cutting total supply by 1%.

Polygon burns 100 million POL tokens, cutting total supply by 1%.

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A wallet received 45,000 ETH worth $119.67M from Galaxy Digital's OTC desk, holding over $153M in total ETH.

A wallet received 45,000 ETH worth $119.67M from Galaxy Digital's OTC desk, holding over $153M in total ETH.

A wallet recently received 45,000 Ether (ETH) from Galaxy Digital's over-the-counter (OTC) desk in a transaction valued at approximately $119.67 million, with an average price of about $2,659 per ETH. After the transfer, the wallet combined these new...

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Polygon burns 100 million POL tokens, cutting supply by 1% in a community-driven move

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Kurv Gold Enhanced Income ETF offers gold exposure with high monthly yield via dynamic options strategy.

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