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.

Industry

SpaceX loses over $500 billion in market value a month after IPO ahead of first earnings

SpaceX is set to report its first earnings since its IPO after losing more than $500 billion in market value in about a month. Shares have fallen for four straight weeks since trading began on June 12 and are down more than 50 percent from an intraday peak. The company reports after the close on Aug. 5. Lockup expirations, short selling, Starship progress and an AI push are among factors in focus.