A growing chorus of macro strategists is bracing for a tougher market environment in 2026, and Bloomberg Intelligence senior commodity strategist Mike McGlone is among the most cautious voices.
The crypto market has entered the first days of 2026 with a cautious but constructive tone, as prices edge higher while sentiment indicators remain restrained.
Bitcoin’s road ahead looks less like a straight line and more like a fork with three very different paths. A new market study from CryptoQuant argues that while a surge toward $170,000 cannot be ruled out this year, it sits firmly at the edge of probability rather than at the center of expectations.
Fresh on-chain data suggests Bitcoin is entering 2026 without a decisive trend, as selling pressure continues to meet steady absorption rather than triggering a breakdown.
Crypto exchange-traded funds closed out 2025 with a sharply divided picture on December 31, as investors pulled capital from Bitcoin and Ethereum products while selectively allocating to Solana- and XRP-linked ETFs.
Tether ended 2025 with another decisive move into Bitcoin, adding 8,888 BTC on New Year’s Eve and lifting its disclosed holdings above 96,000 Bitcoin.
2025 didn’t deliver one single “crypto story.” It delivered a chain reaction - policy, macro, technology, and market structure all pushing on each other.
Crypto markets were trading on a steadier footing on the final trading day of 2025 as institutional inflows into U.S. spot exchange-traded funds helped offset lingering macro uncertainty following the latest Federal Reserve policy meeting.
Crypto markets are struggling to find direction, and analysts increasingly see U.S. monetary policy as the deciding factor for what comes next.
The crypto industry still has a long way to go before it can operate independently of Bitcoin’s price movements, according to Michael Novogratz.
Bitcoin may be approaching a familiar turning point against gold, according to a growing number of analysts watching the BTC/gold ratio rather than headline prices.
Social engagement around cryptocurrencies has fallen sharply, raising fresh questions about whether the market is entering a prolonged cooling phase or quietly setting the stage for its next cycle.



