Crypto

Benchmark Reaffirms $570 Strategy Target for Bitcoin Amid Volatility

Guavy AI Editorial Team Published July 27, 2026

Instruments

BTC

Benchmark has reaffirmed its $570 strategy target for Bitcoin, citing an increase in cash reserves as strengthening the cryptocurrency's acquisition plan.

The firm believes that this will provide a solid foundation for further price growth, despite current market volatility.

No specific timeline was given for reaching the target, and it remains to be seen how Bitcoin's performance will unfold in the coming months.

The Wire

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