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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
pluang ai news

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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Riot Platforms reschedules Q2 2026 earnings call to August 10 at 4:30 PM EST.

Riot Platforms reschedules Q2 2026 earnings call to August 10 at 4:30 PM EST.

Riot Platforms, a leader in digital infrastructure and Bitcoin mining, announced the rescheduling of its Q2 2026 earnings conference call to August 10, 2026, at 4:30 PM EST. The call will be accessible via webcast and phone, allowing investors to hea...

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Solana hits 6M monthly USDC senders, leading all blockchains in stablecoin payments.

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Protocol Fundamentals
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Crypto markets show mixed moves with LayerZero, Bitcoin SV, and Curve DAO leading gains amid broader consolidation.

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Bullish
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AVITA Medical to host investor webinar on Q2 2026 results and business update on Aug 12.

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AVITA Medical announced an investor webinar on August 12, 2026, where CEO Cary Vance and CFO David O’Toole will discuss the company’s Q2 2026 financial and business results. The webinar will include a Q&A session and cover recent earnings highlights,...

Company Fundamentals
Bullish
5 hours ago
Grayscale’s XRP Trust sold $180M in XRP amid heavy redemptions in H1 2026, signaling weak demand.

Grayscale’s XRP Trust sold $180M in XRP amid heavy redemptions in H1 2026, signaling weak demand.

Grayscale’s XRP Trust offloaded over $180 million worth of XRP in the first half of 2026 to cover investor redemptions, selling about 103 million XRP tokens. This forced sale led to roughly $34 million in realized losses and left the fund smaller as ...

Market News
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