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Related tickers and likely impact
BTC/USDT
▼ Likely negativeBitcoin
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/24/2026 | 80,888.16 |
| Change that session | -0.37% |
XAU/USD
▼ Likely negativeRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/23/2026 | 3,995.78 |
| Change that session | -0.72% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- 1 Popular Cryptocurrency to Buy Before It Soars by 873%, According to Cathie Wood's Ark Invest
Bitcoin fell to a 52-week low of $58,566 in July, 53% below its all-time high of $124,773, then rebounded to about $81,800 by Oct. 23. Ark Invest, founded by Cathie Wood, forecasts Bitcoin's market cap could reach $16 trillion by 2030, implying $796,000 per coin and 873% upside from current levels. Its two main drivers are institutional funds allocating about 2.5% of their $200 trillion in managed assets, and Bitcoin capturing 20% to 60% of gold's $28 trillion market cap as "digital gold." The author argues the forecast may be too ambitious: Bitcoin has fallen 13% since the start of 2025 while gold has risen 57%, and a $16 trillion valuation would exceed the combined market caps of Nvidia, Apple and Alphabet. Although Bitcoin's recent recovery could continue, the author considers a rally to $796,000 per coin unrealistic.
- JPMorgan projects 10% annual Bitcoin returns over the next decade — but won't recommend buying it
A JPMorgan asset management report published Oct. 19 projects 10% annualized returns for Bitcoin over the next 10 years, compared with 5.5% for gold, 5.6% for Treasury bonds and 7.5% for large-cap equities. However, analysts Sheena Shah and Dennis Cristallo said they do not make a case for Bitcoin as a portfolio diversifier due to unstable market correlations, describing it as a speculative asset and a hedge against monetary easing. The report does not endorse including Bitcoin in a diversified portfolio. Bitcoin peaked at just over $126,000 in October 2025 but has since fallen about 35%, trading near $81,500 as of Oct. 23. The shift contrasts with years of criticism of Bitcoin by CEO Jamie Dimon.
- Wall Street Assets Take Nearly A Quarter Of Crypto Perpetual Trading: Glassnode Report
Bitcoin fell to $80,000 as traditional assets such as stocks, ETFs, indices, gold and oil took a bigger share of trading on crypto exchanges. According to a Glassnode and Fasanara Digital report, perpetual futures tied to these assets made up 23.5% of volume in August, up from 0.5% in November 2025, with about $778 billion traded in August alone. Trading in crypto-asset perpetuals fell 49% over the same period, which lifted the traditional-asset share. Binance handled about 55% of perpetual volume, OKX a little over 15% and Hyperliquid 11%, with traditional assets making up 35.2% of Hyperliquid's perpetual volume compared with 27.6% on Binance. The report says Bitcoin's correlation with gold peaked on September 11 at its highest level since data began in March 2018, and that the figures are conservative because unclassified contracts were counted as crypto.
- Jim Cramer Prefers Gold to Bitcoin for Portfolio Insurance, but Backs 2 ‘Vetted’ Cryptos
- JPMorgan forecasts 10% bitcoin returns: What to know
Scott Melker reviews JPMorgan's recent comments on bitcoin, with the bank's asset managers forecasting roughly 10% annual returns for bitcoin, versus about 7.5% a year for stocks and 5.5% for gold. He says it is the first time JPMorgan has attached a number to its bitcoin expectations, which he considers the key news. The piece also recalls Jamie Diamond calling bitcoin 'a scam' and 'rat poison', even as JPMorgan becomes more deeply entrenched in the space. The commentator argues the research shows JPMorgan is finally studying crypto as an investment.
- JPMorgan says Bitcoin will beat stocks, bonds and gold
JPMorgan now expects bitcoin to outperform U.S. stocks, bonds and gold over the next 10 years, with a 10% annualized base-case forecast. It is the first time the bank has set a range for bitcoin returns, a notable shift for a firm whose CEO once called the asset a “fraud.”
Related markets
Latest news
- Bitcoin Dips Below $80,000 Ahead of Fed Decision, Midterms
Bitcoin briefly fell below $80,000, touching about $79,330 before recovering to $80,264, down 2.7% on the week according to CoinGecko. The dip followed a sell-off in tech stocks and caution ahead of the Fed's rate decision, with U.S. spot Bitcoin ETFs seeing $773 million in net outflows on Thursday and Friday. Daniela Hathorn of Capital.com linked the pressure to persistent inflation, high Treasury yields and expectations of further Fed tightening, while Tim Sun of HashKey said outflows and unwinding leveraged positions amplified the decline. Tim Sun sees $75,000 as a key support level if prices fall further, while Stephen Wundke of Algoz says Bitcoin needs to hold $82,000 to support the bull case. Analysts expect volatility to stay elevated ahead of Wednesday's Fed decision and the U.S. midterm elections on November 3.
- Bitcoin's Bear Market Is Over, Galaxy Research Says: 'Now Is an Attractive Time to Buy'
Galaxy's Alex Thorn argues Bitcoin bottomed in June and is now in an accumulation phase, calling it 'an attractive time to buy and hold bitcoin.' Bitcoin has closed five straight weeks above its 50-week average, and its market value never fell below its realized value, a first for any bear market. The latest 53% drawdown was the shallowest on record, versus 77% to 93% in past cycles, and spot Bitcoin ETFs have added 87,000 BTC since the June low. Thorn also points to $40.44 trillion in federal debt and a 10-year Treasury yield that hit 5.31%, its highest since 2007. His warning sign is a weekly close below the 50-week average, currently $76,540, that isn't regained within a month.
- Meta is raising even more cash to fund the AI build-out — as much as $95B
Meta plans to raise as much as $95 billion to keep funding its AI build-out, through several stock sales. The plan includes $35 billion of common and preferred stock and up to $60 billion through an at-the-market share sale program. Nvidia, AMD and Broadcom have together committed to buy $5 billion of the common shares. Shares, which had been trading higher, slipped in pre-market trading, and the hosts noted the spending is already baked into estimates. Investors are questioning when the heavy spending will pay off, with some reports saying Meta's models are not keeping up with rivals.
- Lode Gold Initiates Exploration to Evaluate Upside Potential at Historic High-Grade Mines Within Fremont Gold Mine
Lode Gold Resources (TSXV: LOD) announced on October 26, 2026 that it is starting exploration to assess additional gold potential at its 100%-owned Fremont Gold Mine in Mariposa County, California. The historic mine has seven deposits, four former mines, about 23 kilometres of underground workings and 43,000 metres of historical drilling, but its 2026 resource estimate covers only three of the deposits. The company is expanding its evaluation to all seven deposits and nine additional targets, starting with French Mine, a historical site about two kilometres by truck from Pine Tree-Josephine that reported gold grades of 10.7 g/t Au. Fieldwork and a review of historical records are underway to build a three-dimensional geological model, and CEO Wendy T. Chan said the company believes there could be significant upside at the previously producing mines. Any potential mining development remains subject to further geological, technical and economic assessments.
- Semperis Deepens Microsoft Security Collaboration, Integrating the Lightning Platform with Microsoft Sentinel and Security Copilot
Semperis announced on October 26, 2026 a deeper collaboration with Microsoft, as its Lightning Platform integrates with Microsoft Sentinel and Security Copilot. The integration uses Microsoft-native components such as Azure Functions, Log Analytics tables, KQL and MCP to bring identity context, including attack paths, Tier 0 exposure, posture indicators and hybrid identity telemetry, into Sentinel. Security teams can therefore query and act on identity risk without leaving the Microsoft environment. Semperis has also built custom Security Copilot agents that use KQL over Lightning tables to return risk and posture summaries and identify exposed paths, and these agents can be published on the Microsoft Security Store. The collaboration builds on Semperis' membership in the Microsoft Intelligent Security Association and its designation as a Microsoft Certified Security Software vendor. CEO Mickey Bresman said security teams need identity context within the tools they already use.
- Narmi Launches Microsoft 365 Copilot Connector, Bringing Customer Financial Data Securely into Existing Banking Workflows
Narmi, a digital banking provider, announced on October 26, 2026 that it has extended its Model Context Protocol (MCP) capabilities to Microsoft 365 Copilot, giving bank and credit union staff secure access to customer financial data within existing admin workflows. Using natural language queries, staff can retrieve customer information, manage fraud inquiries, assess lending and liquidity activity, and monitor transactions. The connector supports relationship management, cash flow and credit line analysis, review of unusual payments, and tracking of account onboarding. Co-founder Chris Griffin said AI's value depends on letting employees access information without compromising security or privacy. The launch follows Narmi's AI Marketplace.
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