Bitcoin Has Been Co-Opted’: Jim Bianco Says Wall Street Hijacked It

The Bitcoin price is falling again this September, however SkyBridge CEO Anthony Scaramucci says there is no such thing as a motive to name it a crash. He explained on a CNBC Squawk Box section that the present weak spot is a part of an everyday cycle that occurs virtually yearly. According to the CEO,…

Fidelity’s high markets strategist has warned that Bitcoin’s October high of $126,000 might mark the highest of the present cycle, and buyers must be prepared for a tough experience in 2026. According to Jurrien Timmer, a notable pullback is feasible subsequent yr with key assist seen in a variety of $65,000 to $75,000. That view…

Bitcoin slid sharply on Sunday after failing to push above a key ceiling close to $91,000, dropping nearly 6% in a matter of hours and touching $85,800 on Coingecko. The sell-off got here after the market posted a optimistic weekly shut — the primary after a run of 4 dropping weeks — which briefly seemed…