The bank has lowered its year-end Bitcoin price target from $200,000 to $100,000, citing that demand from corporate treasuries has peaked and ETF inflows are slowing down.
In past cycles, $BTC has repeatedly seen 30–50% corrections before launching into its next major rally. Historically, each downturn of this scale has ultimately led to a breakout into new all-time highs.
Previous cycles featured several 30–50% corrections before the next major surge. Historically, every pullback of this magnitude has been followed by a breakout to new all-time highs.$BTC
Fusaka, Ethereum’s second major upgrade of the year, has officially launched. It enhances scalability and reduces costs through PeerDAS, allowing validators to verify data segments instead of full blobs.$ETH