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Bloomberg warns Bitcoin could drop to $10,000 due to Fed hikes and stock market ties.

Market News
13 Sep 2026
UToday
View Source
Bearish
Bloomberg warns Bitcoin could drop to $10,000 due to Fed hikes and stock market ties.

Bloomberg strategist Mike McGlone warns that Bitcoin's strong correlation with the S&P 500 and expected Federal Reserve interest rate hikes could trigger a significant sell-off. Bitcoin has lost its status as a 'digital gold' safe haven, behaving more like a stock with high volatility. Key resistance at $76,746 and potential Fed tightening are pressuring Bitcoin, which could fall to around $10,000 if the stock market corrects by 20%. Bitcoin's recovery depends on proving independence from stock market trends, but current macroeconomic signals are negative.

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Bitcoin trades near $76,700, eyeing $78,300 weekly resistance to avoid bearish pattern repeat.

Bitcoin trades near $76,700, eyeing $78,300 weekly resistance to avoid bearish pattern repeat.

Bitcoin is trading around $76,718 after a slight 0.8% drop, remaining within a tight range between $76,000 and $80,000. Analysts highlight the importance of a weekly close above $78,300 to prevent a repeat of a bearish price pattern seen in May 2026....

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Goldman Sachs now expects a Fed rate hike next week, impacting Bitcoin below $80,000.

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Goldman Sachs has revised its monetary outlook, now forecasting a 25 basis point Federal Reserve rate hike in September following stronger-than-expected core inflation data for August. This shift reflects a growing consensus among major banks and has...

Market News
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Bitcoin blockchain briefly split as two miners found competing blocks, one block discarded after race.

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On September 11, 2026, two major Bitcoin mining pools, Antpool and Spiderpool, simultaneously found valid blocks at the same height, causing a brief blockchain reorganization. Antpool's block ultimately became part of the main chain, while Spiderpool...

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