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Crypto

Five factors for bitcoin this week, from Fed minutes to Bank of Japan and whale inflows

Bitcoin has recovered to the $64,000 range, but it ended the week trading below the 200-week simple moving average, keeping concerns about the long-term trend alive. Markets are watching whether the break is temporary or a signal of further declines. This week’s drivers include U.S. PMI data and the Federal Reserve’s July meeting minutes, Japan’s rate outlook and rising bond yields, weak spot bitcoin ETF flows, and a rise in whale deposits on exchanges.

Crypto

Bitcoin bottom seen in late 2026, early 2027 if headwinds mount

Bitcoin is likely to form the low of the current market cycle in the fourth quarter of 2026, according to assessments based on post-halving patterns and on-chain data. Some analysts see October to December as the most likely window, with a projected range of $50,000 to $55,000. The view assumes macroeconomic conditions do not deteriorate sharply. A deeper recession or tougher regulation could delay a bottom into the first quarter of 2027, while strong inflows via spot ETFs could bring it earlier.

Crypto

Coldcard incident shakes market trust; Benjamin Cowen says memecoins and security flaws hold crypto back

A vulnerability in the Coldcard hardware wallet led to the theft of 594 bitcoin from about 500 wallets, raising fresh concerns about trust in self-custody. Bitcoin analyst Benjamin Cowen said the episode showed the crypto market still has not earned public confidence. Investigators said many affected wallets had been dormant for years before balances drained quickly, with most stolen bitcoin consolidated into a single address.