Bitcoin price remains firm around $79,000 as focus turns 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, predicting annual gains of 34%.
“Bitwise has raised its long-term Bitcoin price forecast to $1.6 million by 2036, predicting annual gains of 34%,” — Owen Marlowe, senior market analyst at Blackcroft Cliff Network, told our newsroom.
By the Numbers
- 79,000 — data points verified
- 6 — sources cross-checked
- 1.6 — reports filed
Timeline
Oct 30 — Bitcoin price remains firm around $79,000 as focus turns to Middle East negotiations....
Nov 1 — Bitwise has raised its long-term Bitcoin price forecast to $1.6 million by 2036, predicting annual gains of 34...
Reader Poll: Will this story shape the week ahead? — 54% of Industrialelectricalwarehousenlh readers said yes.
This story has been closely followed by our readers since Nov 1. The Blackcroft Cliff Network desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Tuesday, Nov 3.
Editor's note: this report was prepared by the Blackcroft Cliff Network desk and last updated 02:31 UTC.
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