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Bitcoin near $59K is cheaper than 90% of its history, signaling a strong buy opportunity amid Fed rate cut expectations.

Market News
28 Jun 2026
Bitcoin
View Source
Neutral
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Investment manager Lawrence Lepard says Bitcoin at around $59,000 is historically cheap, trading below its 200-day moving average and near a rare low zone seen less than 10% of the time. He argues the U.S. Federal Reserve under Chair Kevin Warsh is unlikely to raise rates this year despite market expectations, due to high government interest expenses and political motives to cut rates before the 2026 midterms. Lepard views Bitcoin as a strong hedge against monetary debasement, expecting significant price gains over the next decade based on a power law model. He also supports Michael Saylor's Strategy, which he believes is financially sustainable if Bitcoin appreciates at least 4% annually.

More News

AI tech boom may surpass the internet bubble in scale and energy use, warns ex-CIA analyst.

AI tech boom may surpass the internet bubble in scale and energy use, warns ex-CIA analyst.

Jim Rickards, a former CIA financial advisor, highlights that the current AI industry is consuming more capital and energy than the 1990s internet boom. With nearly $5 trillion expected to be spent on AI data centers in the U.S. alone, the AI buildou...

Market News
Neutral
1 hour ago
Five under-the-radar stocks gain attention for deals, partnerships, and potential short squeezes.

Five under-the-radar stocks gain attention for deals, partnerships, and potential short squeezes.

The Benzinga Stock Whisper Index highlights five stocks gaining investor interest: FreeCast for expanding DIRECTV and Starlink reseller deals despite financial concerns; American Airlines for launching Starlink on planes and multiple analyst price ta...

Market News
Neutral
4 hours ago
Hyper Foundation grants $10M to support migration from USDH to USDC before July deadline

Hyper Foundation grants $10M to support migration from USDH to USDC before July deadline

Hyper Foundation is providing $10 million in grants to help developers and protocols transition from the USDH stablecoin to USDC as USDH is being phased out. Builders on the Hyperliquid platform must complete their migrations or orderly shutdowns by ...

Protocol Fundamentals
Neutral
4 hours ago
Wall Street sees Lucid stock rising 65% despite mixed reviews and execution risks

Wall Street sees Lucid stock rising 65% despite mixed reviews and execution risks

Wall Street analysts remain cautious but optimistic about Lucid Group's stock, with an average 12-month price target of $9.75, implying a 64.7% upside from its current $5.92 price. The consensus rating is 'Hold,' reflecting mixed views amid concerns ...

Analyst Insights
Neutral
4 hours ago
XRP shows three bullish signals as highest IQ holder predicts a new supercycle starting now.

XRP shows three bullish signals as highest IQ holder predicts a new supercycle starting now.

The world's highest IQ holder, YoungHoon Kim, declared that an XRP supercycle is just beginning, coinciding with three bullish signals in the market. XRP's daily active addresses surged from 23,000 to nearly 39,500 in two weeks, indicating increased ...

Market News
Bullish
4 hours ago
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