Bitcoin Bears Risk Liquidation Amid Potential Rally
Bitcoin bears are at risk of $1.4 billion in liquidations if the price of Bitcoin rallies to $80,000. This comes amid an unstable market where Bitcoin and Ethereum have seen price drops. A Wall Street investment bank has made a bold prediction that Bitcoin will reach $140,000 this year. The current price of Bitcoin on May 31, 2026, is noted, with efforts to reach $80,000 having been unsuccessful. BlackRock's Bitcoin ETF holdings are mentioned in relation to large investor strategies. The cryptocurrency market experienced a concurrent downturn, with Bitcoin falling 2.00% and Ethereum dropping 3.23%. A new wallet has been developed to address the quantum risk associated with Bitcoin without requiring a blockchain fork. This innovation aims to secure Bitcoin transactions against future quantum computing threats.
Topics
Developing
- 870d Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore.
- 870d Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
- 870d Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est.
- 870d Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.
Sources · 7 independent
Source Alpha
Source Bravo
Source Charlie
Source Delta
Source Echo
Source Foxtrot
Source Golf
Unlock the full story
Get a Pro subscription or above to see the live story progression and the full list of independent sources confirming each event as they happen.
Log in to upgrade