Billy Bambrough

Bitcoin traders are still reeling from a 50% price crash since October, with the cryptocurrency finding a floor near $60,000. Market sentiment is currently low, and U.S. spot Bitcoin ETFs experienced a record eighth consecutive negative week, though a recent $222 million inflow broke a long outflow streak. All attention is now on a potential Federal Reserve "pivot point" in July. Despite the downturn, CryptoQuant founder Ki Young Ju predicts another "parabolic" cycle for Bitcoin, potentially a $1 trillion move. He suggests this next bull run hinges on deeper institutional allocation, transforming Bitcoin into a core macro asset beyond just retail ETF trading. BlackRock's foundational work is seen as crucial, as their IBIT ETF fueled the last surge to $126,000.

Bitcoin has seen a significant downturn during Donald Trump's second term, with its price plummeting to around $60,000 from $126,000 last October. Fears of a fresh crash are mounting due to potential conflict with Iran and rising oil prices. Amidst this market volatility, former U.S. President Donald Trump has surprisingly declared himself "a big crypto guy," acknowledging bitcoin's powerful use "at levels that nobody understands." Trump explained his support is primarily driven by a strategic imperative to prevent China from dominating the crypto landscape, citing their mBridge digital currency program. He admitted his initial skepticism evolved as he observed substantial investment in bitcoin, recognizing its growing influence and power. This marks a notable shift in his stance.

A “shock" exchange-traded fund (ETF) outflow could be about to torpedo the bitcoin price recovery...

Bitcoin could be hit by its “ultimate catalyst” that triggers institutional “fear of missing out” (FOMO) as soon as this month...

Bitcoin and crypto prices are struggling, having shed $2 trillion, with Bitcoin hovering around $60,000. Despite this, potential catalysts like a BlackRock ETF "shock" and a Federal Reserve "pivot point" could spark a change. A closely-watched trader predicts a "parabolic" move soon, driven by an "ultimate catalyst": the Clarity Act. This legislation, championed by Donald Trump, aims to provide regulatory guardrails, legitimizing crypto as a financial asset and triggering institutional "fear of missing out." However, the Clarity Act's passage this year is uncertain, with Polymarket odds dropping to 46% after previous setbacks. Nevertheless, analysts like Bernstein predict Bitcoin could soar to $200,000 by 2025, $500,000 by 2029, and $1 million by 2033, fueled by surging ETF demand and limited supply.

Bitcoin has rocketed following the latest inflation data that showed price pressures easing ( while traders brace for bitcoin's ultimate catalyst

Despite a $2 trillion wipeout in crypto markets this year, BlackRock CEO Larry Fink is "very bullish" for the next 12 months. Fink explained the crash was due to excessive leverage, leading to a necessary "wash out" and now more stability. BlackRock reported robust Q2 revenues, managing a record $15.3 trillion, partly driven by its iShares ETFs, including its successful bitcoin fund. Fink sees crypto-powered tokenization as the "next revolution in finance," with their bitcoin ETF being a crucial first step. BlackRock's global fixed income CIO, Rick Rieder, echoed this optimism, highlighting $9 trillion in sidelined cash ready to be redeployed into the market.

Bitcoin could be headed for a $27.9 trillion game-changer...

The bitcoin price has struggled through 2026 as traders await bitcoin’s “ultimate catalyst”...

The bitcoin price has struggled through 2026 as traders await bitcoin’s “ultimate catalyst”...