Bitcoin Corrective Cycle Enters Later Stage Amid Macro Pressures

A new report from Binance Research suggests that Bitcoin has entered the later stage of its corrective cycle after a volatile first half of 2026.

The report notes that the cryptocurrency's performance during H1 was affected by macro pressures, including higher real interest rates and a stronger dollar.

Binance Research attributes Bitcoin's weak performance to these factors outweighing crypto-specific developments, resulting in a 32% year-to-date decline.

Despite this correction, Bitcoin remains the dominant cryptocurrency in the market, with its dominance ranging between 57-60% throughout H1 2026.