Key Highlights Today
Bitcoin hash rate drops to critical level: Mining activity has declined significantly as Bitcoin's hash rate hits its lowest level since October 2021, indicating reduced network participation.
2026 crypto returns forecast negative: Analysts predict Bitcoin's January 2026 return at -10.17%, with Ethereum at -17.52%, signaling cautious market outlook.
Price breaks key support level: BTC fell below $75,719.90 overnight, dropping below a major strategy cost threshold and raising investor concerns.
Institutional holdings face volatility: One major institution's BTC gains have nearly disappeared, while another's ETH position shows a floating loss of $475 million.
Market bottom remains uncertain: CryptoQuant founder warns of ongoing selling pressure and lack of fresh inflows, suggesting difficulty in forming a sustainable rebound.
Middle East capital quietly investing in crypto: A royal family member reportedly acquired 49% of a US fintech firm for $500 million, with speculation linking the move to crypto strategy expansion.
Trump comments on Fed nomination: Trump expressed confidence that Fed nominee Wask could gain Democratic support and hopes for rate cuts to stimulate economic growth.