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Crypto briefing · Wednesday, October 28, 2026 · Evening edition · Story 1 of 5
Bitcoin price near $81K as Bitwise raises 2036 target to $1.6 million
Bitcoin traded near $81,000 following the Federal Reserve's rate hold, while Bitwise raised its 2036 price target to $1.6 million based on institutional demand and limited supply. The firm also outlined bear and bull case scenarios for bitcoin's future value.
Why it matters: Bitcoin's price movement and long-term forecasts highlight ongoing interest from institutions and potential future value based on market dynamics.
Sources: Bitcoin.com News · Cointelegraph · CoinDesk · Bitcoin Magazine · The Block · Crypto.news · CryptoPotato
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