Bernstein Reaffirms $150,000 Bitcoin Target, Calling Current Dip ‘Weakest Bear Case’ in History
Bernstein analysts reiterated a **$150,000 price target** for Bitcoin by 2026 despite a recent 45% market correction.
The firm described the current downturn as the “weakest bear case” in the asset’s history, noting a lack of systemic failures or hidden leverage.
Institutional support remains robust, with only 7% net outflows from spot Bitcoin ETFs recorded during the price slide.
Research and brokerage firm Bernstein has doubled down on its…
Bithumb Recovers Majority of $43 Billion in Bitcoin After Promotional Distribution Error
Bithumb accidentally distributed approximately 620,000 BTC (worth ~$43 billion) due to a system configuration error during a rewards event.
The glitch credited 2,000 BTC per user instead of the intended 2,000 Korean won ($1.40).
Localized Bitcoin prices on the exchange plunged 17% as recipients immediately attempted to liquidate the unexpected windfall.
The exchange has recovered 99.7% of the assets and pledged to compensate users affected by…
