Crypto
Bitcoin no longer faces major crashes, \'a completely different institution-led market\'
The cryptocurrency market is undergoing structural change beyond the traditional four-year halving cycle, with global liquidity, institutional money and regulation increasingly driving trends, an analysis said. CoinEx said bitcoin could reach up to $180,000 by the end of 2026 under favorable macro and market conditions, calling it a probabilistic scenario. It cited spot bitcoin ETFs and a more stable derivatives market as buffers that could prevent 80 percent-scale crashes seen in past cycles.