NYDIG warns that Bitcoin could face a significant sell-off, potentially dropping to between $38,000 and $39,000 by October 2026, reflecting a 70% decline similar to past cycles. This forecast is based on historical bear market patterns, despite 2025 showing unusually low volatility and no major investor capitulation. Other analysts disagree, with some like K33 Research and Standard Chartered suggesting the bottom is already near $58,000-$60,000, while others remain cautious about a prolonged bear market. The market is currently in a contraction phase with over half of Bitcoins in circulation at a loss, signaling a critical period before a potential new bull cycle.
On July 17, Bitcoin and Ethereum options worth about $1.43 billion expired, with Bitcoin options totaling $1.2 billion and Ethereum options $230 million. Bitcoin traded steadily between $60,000 and $65,000, showing low volatility and a put-call ratio...
Top traders in Ethereum futures markets have significantly increased their long positions, with USDT-margined accounts holding longs jumping over 6 percentage points. This shift indicates growing bullish sentiment among sophisticated traders, especia...
Bitcoin has recovered to around $64,400 after dropping near $57,000 earlier this summer, reclaiming its 200-week moving average. Analyst Benjamin Cowen warns this rebound doesn't end the bear market yet, predicting the cycle low will come in the four...
Binance co-founder Changpeng Zhao argued that Bitcoin offers protection against inflation, a benefit he says artificial intelligence (AI) investments cannot provide. This comes as Wall Street anticipates AI spending to reach $725 billion this year, d...
Cryptocurrency markets saw a general decline with Bitcoin priced near $64,223, down 0.99%, and Ethereum falling 2.65% to around $1,874. Other major coins like Binance Coin and Solana also dropped slightly. This reflects ongoing market volatility and ...
