Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin's 50% drop seen as a temporary positioning correction, not a fundamental failure, says BlackRock.

Market News
18 Aug 2026
Crypto Briefing
View Source
Neutral
pluang ai news

Bitcoin fell from $126,000 to around $60,000 between late 2025 and mid-2026. BlackRock attributes this 50% decline to market mechanics like excessive leverage in futures, long-term holders rebalancing near $100,000, and changing Federal Reserve rate expectations, rather than a fundamental problem with Bitcoin itself. The firm maintains its positive outlook based on institutional adoption, regulatory progress, fixed supply, and diversification benefits. This framing reassures investors that Bitcoin remains a viable portfolio asset despite volatility and highlights ongoing market immaturity due to speculation and narrative-driven cycles.

More News

Xiaomi beats revenue and EPS estimates but net profit drops amid rising costs and weak demand

Xiaomi beats revenue and EPS estimates but net profit drops amid rising costs and weak demand

Xiaomi Corp reported better-than-expected earnings per share of $0.05 and revenue of $16.04 billion, surpassing analyst forecasts. However, the company faces significant margin pressure from rising component costs and weaker consumer demand, causing ...

Company Fundamentals
Neutral
49 minutes ago
Mercury Systems forecasts Q2 EPS down 19.2% and revenue down 3%, with strong financial health indicators.

Mercury Systems forecasts Q2 EPS down 19.2% and revenue down 3%, with strong financial health indicators.

Mercury Systems, a tech company in aerospace and defense, is expected to report Q2 earnings with EPS of $0.38, a 19.2% drop year-over-year, and revenue of $266.10 million, down 3%. Despite the decline, the company maintains a low debt-to-equity ratio...

Company Fundamentals
Bearish
53 minutes ago
Analyst raises Public Storage price target to $346 amid strong investor confidence and solid dividends.

Analyst raises Public Storage price target to $346 amid strong investor confidence and solid dividends.

An analyst from Scotiabank raised the price target for Public Storage (NYSE: PSA) to $346, suggesting a potential 5.75% upside from the current price of $327.18. Institutional investors like Capital Financial Group and Harvest Fund Management have in...

Analyst Insights
Bullish
1 hour ago
Corporacion America Airports Q2 revenue beats expectations, EPS misses at $0.32

Corporacion America Airports Q2 revenue beats expectations, EPS misses at $0.32

Corporacion America Airports reported Q2 2026 revenue of $534 million, surpassing analyst estimates of $497.52 million, showing strong sales performance. However, earnings per share (EPS) came in at $0.32, below the expected $0.51, indicating lower p...

Company Fundamentals
Neutral
1 hour ago
Analysts raise Cheniere Energy price targets amid strong growth outlook for LNG sector

Analysts raise Cheniere Energy price targets amid strong growth outlook for LNG sector

Analysts have raised their price targets for Cheniere Energy, signaling confidence in the company's future growth. Argus increased its target to $330, suggesting a 20.33% upside from the current price of around $274. TD Cowen also raised its target t...

Analyst Insights
Bullish
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App