Bitcoin stayed away from challenging $80,000 after July US PCE inflation data came in slightly higher than anticipated, pressuring gold and risk assets. Bitcoin (BTC) slipped under $78,000 following Wednesday’s Wall Street open after US inflation data came in above expectations. Key points: Data from TradingView tracked up to 1% daily BTC price losses, with US stocks also opening lower and gold breaking below $4,600 per ounce. Read more
Bernstein expects Bitcoin to reclaim $125,000 by late 2026, before reaching $300,000 in 2029 under its base case, with a bull case of $500,000. Wall Street research company Bernstein expects Bitcoin to recover from its latest downturn, reclaim its 2025 high and set new records in the coming years heading into the peak of its historical cycle. Bernstein expects Bitcoin (BTC) to reclaim $125,000 by late 2026 under both its base and bull cases, according to a research report published Wednesday and seen by Cointelegraph. The company said Bitcoin gained 28% over the previous 10 days after falling about 50% from its October 2025 peak, a rebound that could signal the end of the current bear cycle. Read more
Bitcoin struggled to establish support at $80,000 as investor cohorts all returned to net profitability. Bitcoin (BTC) remains sensitive to sell-side pressure at $80,000, even as investors broadly avoid mass profit-taking. Key points: Read more
CryptoQuant says Bitcoin’s 24% rally has flipped key market indicators bullish, though rising profit-taking could bring near-term turbulence. Bitcoin has entered the early stages of a new bull market after a 24% rally pushed key onchain and demand indicators into bullish territory, according to CryptoQuant. The analytics firm’s Bull Score jumped to 80 from 30 over the past week, hitting its highest level since October 2025 as eight of the index’s 10 underlying indicators now flashing bullish. Bitcoin (BTC) climbed above $80,000 during the rally, but CryptoQuant said a weekly close above its 365-day moving average, currently around $83,000, is needed to confirm the shift to a new bull market. Read more
Strategy’s biggest risk may not be a Bitcoin crash, but losing access to the capital markets that help it service $1.76 billion in annual obligations. Strategy’s Bitcoin treasury may be less vulnerable to a crypto market crash than to a prolonged loss of capital-market access, a risk that could threaten its ability to fund roughly $1.76 billion in annual obligations without selling Bitcoin, according to a recent analysis from Regime Intelligence. According to the report, Strategy’s 840,447 BTC stash sits behind roughly $22 billion in debt and preferred claims, meaning the company’s Bitcoin accumulation model depends on its ability to continually raise fresh capital to meet obligations. Contrary to popular belief, Strategy’s (MSTR) biggest vulnerability isn’t a Bitcoin-driven price drop or liquidity event, but its continued dependence on access to capital markets. The report noted that Strategy’s debt does not function like a conventional Bitcoin-backed margin loan, with no BTC-linked margin call that would fo...
Bitcoin bulls battled for control of the $80,000 zone as gold came off its highest levels since mid-May on falling US bond yields. Bitcoin (BTC) fell below $80,000 into Tuesday’s Wall Street open as crypto and gold gave way to gains in US equities. Key points: Read more
Bitcoin price analysis eyes the potential end of its current macro downtrend based on weekly RSI signals. Bitcoin (BTC) price action is offering mixed signals after hitting $80,000 as traders diverge on market trajectory. Key points: Read more
Thailand’s SEC opened consultations on local Bitcoin and Ether ETF rules and qualification standards for foreign digital asset custodians. Thailand’s Securities and Exchange Commission (SEC) has advanced its framework for locally listed spot Bitcoin and Ether exchange-traded funds (ETFs) from proposed principles to draft regulations while revising its approach to foreign digital asset custodians. The regulator said Monday it is seeking feedback on two consultation papers. One contains draft regulations for Thai crypto ETFs, while the other proposes principles governing the qualifications of foreign digital asset custodians engaged by mutual and private funds investing in digital assets. During the initial stage, asset managers could establish passive ETFs tracking Bitcoin (BTC) or Ether (ETH), the only two eligible crypto assets. Read more