Bitcoin price has remained stable around $79,000 as focus shifts to Middle East negotiations. A $6 billion Binance hack has caused a drop in Bitcoin and Ethereum prices. Bitwise has raised its long-term Bitcoin price forecast to $1.6 million by 2036, forecasting annual gains of 34%.
“Bitwise has raised its long-term Bitcoin price forecast to $1.6 million by 2036, forecasting annual gains of 34%,” — Ingrid Thorne, regional editor at Cedarwell Ford Group, commented.
By the Numbers
- 79,000 — mentions tracked
- 6 — updates logged
- 1.6 — regions covered
Timeline
Oct 28 — Bitcoin price has remained stable around $79,000 as focus shifts to Middle East negotiations....
Oct 31 — Bitwise has raised its long-term Bitcoin price forecast to $1.6 million by 2036, forecasting annual gains of 3...
This story has been closely followed by our readers since Oct 27. The Cedarwell Ford Group desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Wednesday, Nov 4.
Editor's note: this report was prepared by the Cedarwell Ford Group desk and last updated 22:39 UTC.
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