Markus Thielen, founder of 10x Research trimmed his $55,000 price target to $50,000. “This situation may compel ETF holders and miners to liquidate more positions,” he said in an emailed note, adding that August and September are historically “challenging months” for bitcoin. However, he added, “if the Federal Reserve cuts interest rates in September, bitcoin could see another rally attempt.”
Crypto-Friendly Sen. JD Vance's Odds as Trump VP Pick Double on Polymarket
Traders on the crypto-based prediction market now see a 29% chance that the Ohio Republican will be former President Trump’s...