The SpaceX IPO on June 12 triggered high demand and refunds on crypto platforms like Kraken and Binance due to limited share allocations. Standard Chartered remains bullish, forecasting Bitcoin to hit $100,000 and Ethereum $4,000 by year-end, citing the end of the crypto winter. JPMorgan offers a cautious outlook for H2 2026, highlighting the impact of the CLARITY Act and Michael Saylor’s Bitcoin sales on market confidence and price movements. These events shape investor sentiment and the crypto market's near-term trajectory.
Bitcoin recently dropped from nearly $74,000 to a low of about $59,000 before rebounding above $60,000. Analysts highlight a key indicator, the MVRV Pricing Bands, suggesting the most important support level near $43,200, which could mark the market ...
Standard Chartered analyst Geoffrey Kendrick reaffirmed the bank's year-end price targets of $100,000 for Bitcoin and $4,000 for Ethereum following a recent market selloff. He identified the Bitcoin drop to around $59,000 as the likely cycle low and ...
Bitcoin surged above $64,000 after Iran and the US signaled major progress toward a peace agreement, easing geopolitical tensions and boosting risk appetite. US Vice President J.D. Vance confirmed the deal is near, while Iran's Foreign Minister echoe...
Bitcoin remains near $63,780 as on-chain data shows a pattern typical of past bear markets, with long-term holders averaging a cost basis of $49,500 and short-term holders at $72,500. Analysts note that historically, when short-term holders' cost bas...
On June 12, U.S. spot Bitcoin ETFs recorded a total net inflow of $85.85 million, with BlackRock's IBIT leading by attracting $57.69 million. Fidelity's FBTC added $18 million, while Grayscale's GBTC and BTC showed no net inflows. The total net asset...
