Kraken co-CEO Dave Ripley stated that Bitcoin's recent surge past $80,000 suggests the bear market is mostly over, marking a shift from previous views that the downturn was ongoing. He described this bear market as potentially the softest in Bitcoin's history and expressed optimism about the market's recovery. This perspective contrasts with a recent bear market count that dated the downturn's start to October 2025 and estimated a 53% decline. Ripley's comments highlight growing confidence among both retail and institutional investors in Bitcoin's future.
Bitcoin's recent surge past $80,000 is notable context for Kraken Co-CEO Dave Ripley's comments on the bear market. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 10, 2026 19:44 WIB: out of 50 priced major cryptocurrencies, 30 rose and 19 fell today. Notable movers include BAL (Balancer) at Rp16.297 with a 1-day change of +11.14%, ZIL (Zilliqa) at Rp30 with a 1-day change of -10.73% and a Pluang order activity of 39% Sell / 61% Buy, and EOS (EOS.IO) at Rp12.649 with a 1-day change of +8.13%.
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