Bitcoin could fall to $60,000 in the coming months, according to CryptoQuant, with on-chain data showing the current downturn has deepened beyond the early phase of the 2022 bear market.
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LATEST $BTC : JPMorgan analysts say Bitcoin.$BTC could eventually hit $266,000, with the Bitcoin-to-gold volatility ratio falling to a record low of 1.5, making it increasingly attractive on a risk-adjusted basis.
South Korean crypto exchange Bithumb mistakenly sent billions in Bitcoin$BTC to users instead of a small cash reward. This caused a brief price drop on the platform. Bithumb quickly recovered most of the crypto and will compensate affected users. Regulators are investigating the incident.