Prediction market participants on Polymarket are assigning a 71% probability that Bitcoin will drop below $65,000 in 2026, as the crypto traded around $75,000 following a weekend sell-off that pushed it to nine-month lows. The bearish sentiment reflects a convergence of technical indicators, underwater ETF positions, and analyst warnings that the market has entered a sustained downturn rather than a temporary correction. Multiple analysts now point to support zones between $62,000 and $65,000 as critica ...

bitcoin backed loan, bitcoin middle class, ledn. Photo by BeInCrypto Bitcoin price dropped by over 3% on Tuesday, falling back to the $112,000 level after briefly topping $116,000. The decline puzzled investors as it occurred during a period marked by positive geopolitical news and record gains in traditional markets. According to CoinGecko data, Bitcoin was trading near $115,500 on Tuesday at 5:00 PM UTC, but plunged to $112,250 over the following three and a half hours. Ethereum (ETH) saw a sharper decl ...