Bank of America to Open Advisors' "Recommended Allocation" Channel for Crypto Assets

Bitcoin Price Metric Reveals $122K Average Return Over 10 Months

Bitcoin has drawn renewed attention from traders and analysts as data-driven signals suggest a potential upside path into 2027, even amid a recent stretch of muted sentiment. An informal metric developed

Bitcoin is increasingly linked to the macroeconomic cycle after adjusting for US employment data.

Recent adjustments to U.S. labor market data have significantly altered economic outlooks, reducing job numbers by 862,000. This unexpected change weakened short-term growth expectations and prompted investors to reassess future policy directions. Declining inflation pressures have led to lower bond yields and favorable global financial conditions, causing Bitcoin to rise alongside traditional assets. This indicates a structural shift in Bitcoin's market behavior, as it increasingly responds to macroeconomic factors rather than solely crypto-specific news.

Data: If BTC breaks through $70,941, the total liquidation strength of mainstream CEX short positions will reach $918 million.

ChainCatcher reports that, according to Coinglass data, if BTC breaks through $70,941, the total liquidation strength of mainstream CEX short positions will reach $918 million. Conversely, if BTC drops below $64,893, the total liquidation strength of mainstream CEX long positions will reach $726 million.