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Bitfinex projects Bitcoin peaking at $290k in early 2026 if historical patterns repeat

Historical indicators suggest Bitcoin's price could soar between $160,000 and $290,000, depending on market dynamics.

CryptoSlate

Dec 17

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Happy Tuesday!

Bitcoin enthusiasts are buzzing with excitement as Bitfinex forecasts a potential peak of $290,000 for Bitcoin by early 2026, contingent on historical patterns holding true. Meanwhile, Ripple is set to launch its long-anticipated RLUSD stablecoin today, expanding its offerings across five platforms. In another significant development, Ethena Labs has introduced a new stablecoin backed by BlackRock’s tokenized fund shares, enhancing its multichain capabilities. Additionally, El Salvador has granted Bitget a Bitcoin license, coinciding with a remarkable $362 million profit surge in the nation's Bitcoin holdings. Stay tuned for more insights on these pivotal developments in the crypto landscape!

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The global crypto market cap is $3.71 trillion, with a 24-hour volume of $207.96 billion. The price of Bitcoin is $106,549.93, and BTC market dominance is 56.6%. The price of Ethereum is $3,955.84, and ETH market dominance is 12.7%. The best-performing sector is NFT, which gained 3%. The Crypto Fear & Greed Index is currently Greed (87).