Bitcoin rises 43% over the quarter and experts see continuity in the uptrend The weakening of short positions or the return of institutional money has contributed Bitcoin is still 14% below its annual highs and 33% away from its all-time record Experts believe the worst of this cycle has already passed bitcoin
Comment Add to The Economist on Google Bitcoin begins to recover and move past the days of greatest weakness it experienced in its most recent bearish phase. In the quarter just ended, the best of the last seven, the leading crypto posts a rebound of 43%, reaching above $83,600. Experts believe this shift in trend will continue, as the market is sending positive signals.
“After a few very complicated months and bitcoin’s correction to the $60,000 area, we’re starting to see fairly positive signs,” says Rubén Ayuso, Managing Director of the Criptomonedas FIL fund at A&G. Jesús Pérez, Portfolio Manager of Posidonia 21 ETP, agrees that the crypto market comes out of a phase of great pessimism, with extremely cheap valuations, and confirms the change in trend: “Bearish momentum is breaking, and bullish momentum comes into play.”
Bitcoin (BTC) records a daily decline of 0.4% in the closing stretch of this Friday and stands just above $84,000. Even so, several increases are seen among the other cryptocurrencies, in a recovery session after several days of high volatility. On a weekly basis, the market’s main coin maintains a weekly gain of nearly 4%, while on a monthly basis that increase is 6.4%.
Ethereum (ETH) remains almost unchanged, around $2,690. Among the altcoins, a 6% rise in NEAR Protocol and a 5% gain in Uniswap and Chainlink stand out.
Gold, Bitcoin and stocks rising... until November?
José Luis Cava analyzes his market strategy in two phases (until November 3 and afterward), anticipating prior gains driven by the political context and potential subsequent declines, along with his coverage through volatility
José Luis Cava proposes his strategy by distinguishing two periods: from September 30 to November 3, and the post-interval scenario. He starts from a central idea: gold is still key because “it is the way we defend ourselves against monetary degradation,” in a context of “widespread fiscal irresponsibility” across Europe, the UK, and the United States. This reinforces his structurally bullish view of the metal, which could rise at least through October.
📉 Crypto Venture Capital Activity Drops to a Six-Year Low
📢 According to CryptoRank, the number of active crypto venture capital investors fell to 651 in the second quarter of 2026, far below the all-time high of 2,564 reached in 2022.
⚠️ The data indicate that venture capital in cryptocurrencies is increasingly concentrated among a small group of professional investors, while overall participation remains well below the peak of the previous cycle. #CryptoPatience
🚨 SBF Allegedly Plans to Launch a New Token After Getting Out of Lockup
📢 According to New York Magazine, the former CEO of FTX, Sam Bankman-Fried, told another inmate that he plans to drop a new cryptocurrency once he’s out of the slammer.
🪙 Bankman-Fried reportedly mentioned that the project would generate significant hype, reigniting the debate within the crypto community about his potential comeback to the digital asset scene.
📢 Major Bitcoin holders are back to accumulating after several months of selling, according to data from Santiment.
🪙 Addresses holding at least 1,000 BTC now control approximately 7.17 million BTC, their highest level since March, indicating renewed accumulation by some of the biggest players in the market.
⚡ Microtransactions Are Now Dominating Bitcoin Activity
📢 Bitcoin network activity is on the rise, with microtransactions now accounting for nearly 80% of all BTC transactions, according to data from CryptoQuant.
📈 This trend reflects an increased use of Bitcoin for small-value transfers and new on-chain applications, driving network utilization even in a volatile market environment.
⚖️ India Issues Over 44,000 Crypto Tax Notifications
🚨 Indian tax authorities have sent out more than 44,000 notifications and identified over ₹888 crore (104 million dollars) in undeclared crypto-related income for the fiscal year 2025–26.
💰 This move represents one of the largest enforcement actions against tax evasion in the crypto sector, reflecting increasing regulatory scrutiny. #cryptouniverseofficial
📉 Bitcoin Spot ETFs Lose Almost $5 Billion Since Mid-May
💸 Bitcoin spot ETFs in the U.S. have seen nearly $5 billion in net outflows since mid-May.
📈 Still, four Bitcoin ETFs recorded net inflows on June 8, while Ethereum spot ETFs attracted $82.4 million, indicating stronger demand for ETH-linked products. #BitcoinETFs
📊 Glassnode Co-Founder Points to a Likely Bottom Zone for Bitcoin
🪙 Glassnode co-founder Rafael Schultze-Kraft estimates that the highest probability zone for a Bitcoin bottom is between $46,000 and $54,000.
📉 He also highlighted that BTC has fallen below the equilibrium price of the average fork for the first time since December 2022, a signal that has historically coincided with capitulation phases.
📉 The Crypto Market Records Its Worst Week Since the FTX Collapse
💥 Bitcoin and Ethereum experienced their largest weekly losses since the FTX crash, contributing to the wipeout of approximately $390 billion from the crypto market.
⚡ The sharp decline triggered over $7 billion in leveraged liquidations, highlighting the intense volatility in the sector.
🐋 Longling Capital Transfers 10,000 ETH to Binance
💸 Longling Capital, known for its buy low, sell high strategy, has deposited 10,000 <a>$ETH </a> valued at approximately 15.68 million dollars into Binance.
👀 Traders are keeping a close eye on this move, as large deposits into exchanges are often interpreted as potential sell signals or portfolio adjustments.<a>$ETH </a>