Bernstein reaffirmed its bullish Bitcoin price target of $150,000 by 2026, citing strong institutional support despite slower capital inflows and reduced retail participation. The recent price drop to around $62,900 reflects lower investment flows rather than fundamental issues. Bitcoin's market structure has matured, with ownership now spread across ETFs, corporate treasuries, and institutional investors, reducing reliance on retail speculation. Bernstein views the current slowdown as temporary and maintains confidence in Bitcoin's long-term role as a store of value.
Bitcoin's price is near $63,500, aligning closely with the average cost to mine one BTC, causing miners to break even on average. This price level reflects a critical threshold where less efficient miners may shut down due to unprofitability. The mar...
Hyperliquid allocates over 90% of its trading fees to an Assistance Fund that buys HYPE tokens, creating strong buy pressure and reducing supply. This strategy helped HYPE reach an all-time high near $75, outperforming major cryptocurrencies like Bit...
Bitcoin is attempting a short-term recovery after a recent sharp pullback, with traders closely watching the $61,000 support zone. A strong bounce from this level could lead to a move toward $65,000-$67,000, supported by a potential inverse head-and-...
Bitcoin recovered from a recent dip near $59,000 to trade above $62,000, briefly testing resistance at $64,156. The recovery is fragile due to weak demand and awaits confirmation from stronger futures market participation and upcoming US inflation re...
Bitcoin's price dropped about 14% last week, hovering near $63,000, as investors await SpaceX's public offering on June 12, seen as a key market indicator. The IPO's reception may signal risk appetite shifts affecting both crypto and equities. Meanwh...
