Bitcoin is trading at around $63,038, down about 19% from its May peak near $77,500. This decline has led some to question its future value.
Citi, Standard Chartered, and TD Cowen have all lowered their 2026 Bitcoin price targets in response to softer demand and regulatory uncertainties.
Meanwhile, gold prices have surged past $4,400 an ounce due to a 62% increase in central bank purchases.
More on Commodities
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