Prediction market traders increasingly expect bitcoin's price to drop further in 2026, with a 66% chance it falls below $55,000 and a 50% chance it dips under $50,000 before year-end. This bearish outlook is driven by heavy outflows from U.S. bitcoin ETFs and investors shifting focus to AI stocks, which are outperforming crypto. Despite the selloff, capital is moving into stablecoins like USDT and USDC rather than exiting crypto entirely, indicating traders are waiting for better buying opportunities. Institutional demand for bitcoin is weakening, and traders now see gold as a stronger asset in 2026 compared to bitcoin.
Bitcoin recently rallied to $65,086, its highest close since late June, driven mainly by softer US inflation data that lowered expectations for Federal Reserve rate hikes. However, Bitfinex reports that this rally lacks sustained spot buying and depe...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Ether has surged about 11% over the past week, outperforming other major cryptocurrencies like Bitcoin, which rose 4%. This rise is driven by $96 million inflows into U.S. spot ether ETFs, mainly BlackRock’s low-fee funds, while Grayscale’s higher-fe...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
