Bitcoin price has remained stable around $79,000 as focus shifts to Middle East negotiations. A $6 billion Binance hack has led to a decline in Bitcoin and Ethereum prices. Bitwise has increased its long-term Bitcoin price forecast to $1.6 million by 2036, predicting annual gains of 34%.
“Bitwise has increased its long-term Bitcoin price forecast to $1.6 million by 2036, predicting annual gains of 34%,” — Andreas Mercer, contributing analyst at Greenburn Gate Solutions, observed.
By the Numbers
- 79,000 — data points verified
- 6 — sources cross-checked
- 1.6 — reports filed
Timeline
Oct 30 — Bitcoin price has remained stable around $79,000 as focus shifts to Middle East negotiations....
Nov 1 — Bitwise has increased its long-term Bitcoin price forecast to $1.6 million by 2036, predicting annual gains of...
Reader Poll: Has this affected your local community? — 77% of Tafenu readers said yes.
This story has been closely followed by our readers since Oct 31. The Greenburn Gate Solutions desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Tuesday, Nov 3.
Editor's note: this report was prepared by the Greenburn Gate Solutions desk and last updated 03:31 UTC.
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