Bitcoin Latest News Today

The two frontier AI models, Grok and Claude’s Fable 5, produced similar year-end Bitcoin forecasts despite using different methods. SuperGrok’s synthesis pointed to a base range of $75,000 to $85,000, while Fable 5 estimated about $70,000 to $90,000. The post noted that both models avoided a single price target, instead treating Bitcoin’s December outlook as a wide probability range.

itcoin’s technical setup remains weak as price trades near $58,000 to $59,000 and below every major moving average, according to market commentary from Ted Pillows. He said bulls need to reclaim the 200-day EMA near $62,450 and then $64,000 resistance to shift momentum. Until then, traders are watching $55,298 as critical support, with deeper levels at $52,000 and $48,000 if selling continues.

Bitcoin Core developers have published v31.1rc1, a release candidate covering several node, wallet, validation, and peer-to-peer improvements. The most visible change is a PrivateBroadcast fix that prevents an IP address leak under certain conditions. While not a final release, the update gives Bitcoin node operators and developers a chance to test stability, privacy, and compatibility changes before rollout.

Prediction market traders on Kalshi are pricing the possibility that Bitcoin could fall to $45,000 this year, according to the post shared by Walter Bloomberg. The bearish view comes as macro pressure builds from higher rate expectations and dollar strength, while markets also digest Strategy’s possible Bitcoin sale and Europe’s MiCA transition. The setup keeps downside risk in focus for crypto traders.

Peter Schiff questioned why Bitcoin traders view a return to $20,000 as unlikely, noting that BTC traded below that level just three and a half years ago. He argued that long drawdowns are not unusual in markets and said Bitcoin’s higher volatility makes such a move possible. The comment adds to bearish debate as traders assess whether the latest sell-off is a temporary reset or the start of deeper downside.

Basil Al Askari said at least one, and possibly two, sovereign wealth funds are accumulating spot Bitcoin. He said large institutions view current prices as an attractive long-term entry point and expect gradual accumulation rather than immediate price gains.

The Ark Invest founder Cathie Wood said that while AI has initiated a “technology revolution,” it cannot serve as the “insurance policy” for wealth protection that many investors are currently seeking. Wood quoted a post by Lorenzo Valiente. Director of Research at Ark Invest, on capital rotation out of Bitcoin and other coins, as these assets are viewed as insufficiently stable like gold, while also lacking the high upside excitement of AI-driven IPO and memory chip investments.

BlackRock’s IBIT saw one of the largest outflows among U.S. spot Bitcoin ETFs, with about $265.68 million leaving the fund on June 25. The broader ETF market also turned negative, with total daily net outflows near $696.29 million. While IBIT’s cumulative inflows remain above $61 billion and net assets stand near $44.43 billion, the withdrawal signals weaker short-term institutional demand for Bitcoin exposure.

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Daan Crypto Trades said Bitcoin’s weekly 200MA remains an important long-term reference level and that he is willing to keep buying in the low-$60,000 region. His chart marked a green accumulation area below current price action, while noting that Bitcoin could still trade lower through 2026. The commentary points to a cautious but constructive approach, with traders focused on gradual spot accumulation rather than short-term timing.

Crypto analyst Axel Adler Jr. said long liquidations now dominate the market at +18.4%, while Net Taker Volume has returned to zero. According to Adler, bullish demand has vanished, leaving short sellers with the advantage.