For the most pessimistic observers, the “pain trade” is not over. Some analysts are now projecting a drop to $40,000, levels last seen at the beginning of 2024.
FAQ Why did bitcoin drop below $66K again? Heavy ETF outflows and whale transfers triggered fresh sell pressure in U.S. markets. How far could BTC fall from here? Analysts warn of a possible retest of $60K, with some projecting a slide toward $40K. What is Standard Chartered’s latest forecast? The bank now sees BTC at $100K by end‑2026, down from its earlier $150K target. How are traders reacting globally? Extreme fear dominates social sentiment, with many shifting to a cautious wait‑and‑see stance.Bitcoin Breaches $66K Support as Standard Chartered Warns of Drop to $50K
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New SEC Crypto Rule to Cut Red Tape for Startup Fundraising
The U.S. Securities and Exchange Commission plans to introduce a major regulatory framework this month to simplify capital formation and reduce operational hurdles for cryptocurrency businesses.Martha Grizzard
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