Markets· ★★★· bearish·

CoinMarketCap cuts year-end bitcoin target to $85K–$92K

  • —CoinMarketCap sees BTC at $85,000–$92,000 by year-end
  • —Iran tensions and oil prices are the biggest swing factor
  • —BitGo says high funding costs deter crypto inflows
  • —BTC at $81,332 (-3.75%), ETH at $2,393 (-4.05%)
Why it matters: Sub-$100K forecasts from major research desks reinforce caution among traders and weigh on hopes for a fourth-quarter recovery.
#BTC#ETH
Source: Blockmedia
More on this
Markets · Oct 18
Bitcoin's $100,000 year-end target divides analysts as inflation clouds outlook
 Markets · Oct 1
Eric Jackson: Bitcoin Could Hit $100K by Year-End, Long-Term Target $50M
 DeFi · Sep 25
Zcash co-founder backs Shielded Bitcoin, keeps $5,000 ZEC year-end target