Earlier, analysts at Bernstein and BitMEX co-founder Arthur Hayes also projected Bitcoin to reach new record highs in 2026.
Trump Media & Technology Group withdrew SEC registration statements for Truth Social Bitcoin and Bitcoin-Ethereum ETF products, stepping back before launch. Yorkville America pointed to a shift from a 1933 Act structure toward a 1940 Act framework, citing broader strategic flexibility. The move lands in a crowded Bitcoin ETF market with $57.
World Gold Council CEO David Tait says Bitcoin (CRYPTO: BTC) is going to zero, calling it “pure instinct” with no reasoning behind the view. Gold Council CEO: Bitcoin Doesn't Offset Risk Assets Tait explained on Tuesday that Bitcoin correlates with risk assets during crises instead of offsetting them as intended.
Bitcoin trades modestly higher early May 20 at 8 a.m. ET, holding near the mid-$77,000 range as traders evaluate mixed technical indicators and tightening resistance levels. Market participants continue watching whether BTC can reclaim higher resistance zones after stabilizing above a key support cluster near $76,000.
South Korea's retail investors—once among the world's most aggressive participants in crypto markets—are increasingly shifting their risk appetite from Bitcoin (BTC) to domestic equities, where leverage is now building to levels that some analysts say look even more extreme than the most overheated phases of the digital-asset cycle. The pivot has been most visible since around September last year, when the long-observed tendency for Bitcoin and South Korea's benchmark KOSPI to move in broadly similar directions began to break down.
Hot inflation data, rising Treasury yields, and ETF outflows push Bitcoin toward key support levels.
Bitcoin rebounded near $77,500 after falling from $82,400 to a three-week low around $76,000 during a sharp weekly pullback. BTC's market capitalization rose slightly to $1.550 trillion, while dominance over altcoins stayed above 58%, keeping Bitcoin central to market direction.
The White House's top crypto adviser, Patrick Witt, has confirmed an "breakthrough" update on president Donald Trump's U.S.
Is Bitcoin Volatility Underpricing Macro Risk?
Bitcoin's $60K February low may still mark the cycle drawdown, as K33 points to weak leverage, ETF outflows and cautious BTC traders in May.
Bitcoin (CRYPTO: BTC) trades around $77,000, following $1 billion in outflows last week after a six-week inflow streak. Bitcoin Failed At 200-Day MA On First Real Macro Shock Bitcoin popped above $82,000 on the CLARITY Act vote, then reversed hard and now sits below the 200-day moving average at $82,200 after getting rejected five times this month.
Bitcoin seizure tied to Clifton Collins reaches 1,000 BTC after Ireland and Europol secure another 500 BTC from a dormant wallet.