BTC, XRP, ETH, ADA Price News: Bitcoin to $10,000 in 2026? It's Possible

Crypto markets are under pressure, with Bitcoin hovering near $87,000, as derivatives data shows traders are heavily positioning for a dip below $85,000 around the December 26 options expiry. Market sentiment is bearish, with implied volatility rising and skew remaining negative, suggesting downside protection demand extends into the first half of next year. Furthermore, Bloomberg Intelligence strategist Mike McGlone warned that Bitcoin's surge past $100,000 earlier in the year might trigger a significant cycle back toward $10,000, potentially in 2026, driven by a collapse in speculative digital assets during the next economic downturn. While Ether shows less conviction for a sustained downturn, traders are accumulating puts around the $2,500 level. Analysts note that while Fed rate cuts provided support earlier, elevated leverage and recent liquidation waves highlight market fragility.

(Source：CoinDesk)