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Bitcoin's June low may mark cycle bottom amid lower volatility and growing crypto use, says Hashdex CIO

Market News
13 Nov 2026, 19:09 WIB
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Bitcoin's June low may mark cycle bottom amid lower volatility and growing crypto use, says Hashdex CIO

Bitcoin's price drop below $70,000 in June might represent the bottom of the current market cycle, according to Hashdex CIO Samir Kerbage. The current cycle's peak-to-trough loss of about 53% is smaller than previous cycles, indicating a maturing market with reduced volatility. Increased stablecoin use and tokenization suggest crypto activity is expanding even during Bitcoin's downturn. This evolving market dynamic may lead to less extreme price swings and a potentially more stable recovery ahead.

Bitcoin's potential cycle low is presented here alongside Pluang's snapshot of major cryptocurrencies as of Nov 13, 2026 23:32 WIB: out of 50 assets, 19 rose and 30 fell. Among the gainers, XTZ (Tezos) increased by 3.07% to Rp4.393 with a typical hold time of 101 days and full buy order activity, contrasting with XNO (Nano) at Rp5.758 up 2.55% and SNX (Synthetix) at Rp2.956 up 2.46%, both with shorter hold times and less concentrated buy orders.

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