This week was a rollercoaster ride in the world of cryptocurrency. Bitcoin is showing signs of a potential rally in 2026, while Ethereum has surged above $3,100. Let’s dive into the details.
Bitcoin’s Potential Rally In 2026
Bitcoin is setting up well for a rally in 2026. Glassnode data shows that profit-taking pressure has largely subsided, allowing Bitcoin to rebound from around $87,000 into the mid-$90,000 range. This move reflects exhaustion on the sell side and signals a stabilization phase.
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VanEck’s Bitcoin Projection
VanEck has released long-term capital market assumptions projecting Bitcoin could reach $2.9 million by 2050. This projection represents…
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