The prominent crypto analyst, Rekt Capital, predicted at the beginning of the year that the bear market for Bitcoin would begin later in the year, with the majority of the downside occurring in 2026. This forecast sparked fear in the crypto community, as many believed that Bitcoin's mainstream adoption and maturity would prevent another bear market. However, the intense bullish rally fueled by Donald Trump's victory pushed BTC to a new all-time high of $108,000. The price quickly slipped below $100,000 after Federal Reserve Chairman Jerome Powell's remark over the Strategic Bitcoin Reserve (SBR). Despite this, giant institutions and companies have been growing their BTC holdings, which could have profound implications if BTC is added to the U.S. Treasury's balance sheet. Additionally, the rise of Bitcoin and Ethereum exchange-traded funds (ETFs) could attract institutional investors and lead to significant inflows into Bitcoin.



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