Bitcoin surged to $62,300, its highest level in nine days, as global stock markets—including the Dow Jones—set new all-time highs ahead of the US Independence Day holiday. The cryptocurrency's gain aligns with a broader risk-on rally across equities.
The move comes as a Meta AI model, attributed to Mark Zuckerberg, predicts Bitcoin could enter a rapid macro leg reaching $120,000 to $150,000 by the end of 2026. The forecast cites four unspecified catalysts, though no detailed analysis was provided. The prediction, published by CryptoNews, has drawn attention but lacks independent verification.
Separately, Ethereum withdrawals on Binance hit a three-year high, according to U.Today, marking the most significant outflow since 2023. Analysts interpret this as a potential buy signal, with ETH eyeing a recovery. The development underscores shifting investor behavior across major digital assets.
Counterargument: Critics question the reliability of the Meta AI forecast, noting the lack of transparent methodology or specific catalyst details. The Bitcoin rally, while tied to stock market records, faces headwinds from regulatory uncertainty and potential profit-taking after the recent highs.