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13 May 2026, 19:30
The 3 Bitcoin Rules That Tell When The Bear Market Is Fully Over

Crypto analyst Bee has outlined three Bitcoin rules that provide insights into when the bear market is likely to end. This comes as BTC struggles again to hold above the psychological $80,000, with experts predicting another imminent decline. Bitcoin Bear Market Rules As To When The Bear Market May End In an X post , Bee stated that Bitcoin has three rules in a bear market. First, he noted that the bear market lasts at least 350 days. The analyst also mentioned that the bottom never forms without touching the MA 350, and lastly, the price always drops further than anyone expects. Based on this, he suggested that the bear market is yet to end despite BTC’s recent relief rally . His accompanying chart showed that BTC could still drop to around $46,000 before a bottom forms for Bitcoin in this bear market. The analyst also noted that the 350-day moving average is at $47,000, and that level remains untouched. However, Bee remarked that the good news is that the leading crypto is already 65% of the way through the bear cycle. For now, the analyst expects another downtrend, with Bitcoin potentially reaching new lows. Bee noted that there are too many things working against this bullish momentum at the moment, which is why he is confident that the leading crypto will still drop further. He declared that the flush is coming and that when the MA 350 gets tagged, he will flip bullish. His analysis comes amid Bitcoin’s recent rally above $80,000, with BTC reaching $82,000 over the weekend. However, the leading crypto is now struggling to stay above this level, falling below $80,000 yesterday on the back of the hot CPI inflation data . U.S.-Iran peace talks have also stalled, which puts BTC at risk of another decline. Analyst Open To The Bottom Being In Crypto pundit Colin, who had previously predicted another downtrend for Bitcoin, said he is more open to the idea that the bottom is in than he was a month ago. However, if that is the case, the analyst opined that BTC is still likely to retest the range lows between $60,000 and $70,000 later this year. On the other hand, Colin also said he is open to the idea that the cycle bottom isn’t in yet and that BTC could see lower prices toward the end of the year. He noted that the logic is that the longer BTC trades sideways or higher, the less the odds are of a lower bear market floor . At the time of writing, the Bitcoin price is trading at around $81,200, down in the last 24 hours, according to data from CoinMarketCap.
13 May 2026, 19:19
CLARITY Act Faces Wave of Amendments Ahead of Markup

The Senate Banking Committee’s CLARITY Act is heading into Thursday’s markup, buried under opposition. According to reports, Senator Elizabeth Warren alone filed more than 40 amendments before Tuesday’s 5 p.m. ET deadline, and American Bankers Association members sent over 8,000 letters to Senate offices in less than a week demanding changes to the bill’s stablecoin yield rules. Over 100 Amendments Filed The total number of proposed amendments going into Thursday is still being confirmed, but according to a list obtained by Politico, there have been more than 100 proposed. To put things in perspective, a total of 137 revisions were proposed before the markup scheduled for January, which was canceled. Warren’s batch alone covers a wide range of restrictions. One amendment that stood out would bar the Federal Reserve from issuing master accounts to crypto companies, which would effectively cut such firms off from the core infrastructure of the US banking system. The lawmaker also attacked the updated bill on X, arguing that it lacked ethics provisions tied to President Donald Trump’s crypto businesses. “No bill should move through the Banking Committee without real ethics guardrails,” she wrote. That dispute has become harder for negotiators to avoid. Late last month, analyst Simon Dedic claimed that Trump’s meme coin and his crypto-related dinners were part of the reason the CLARITY Act was going nowhere, with Democrats demanding conflict-of-interest language before backing the legislation. Another revision, filed by Senator Jack Reed of Rhode Island, would prohibit crypto from being used as legal tender, including for paying taxes. That proposal runs directly counter to a bill Representative Warren Davidson introduced last year that would have allowed Bitcoin to be used for precisely that purpose. Senators Reed and Tina Smith of Minnesota also filed a joint amendment that would incorporate bank-requested changes to the stablecoin yield language. According to journalist Brendan Pedersen, the proposal will force senators to choose between crypto and the banks on a single vote, making it an uncomfortable moment for Republicans who tend to side with both. Bankers Blitz Senators With 8,000 Letters Elsewhere, members of the American Bankers Association have reportedly sent more than 8,000 letters to Senate offices since last Friday, pushing lawmakers to change the bill’s stablecoin yield compromise . However, Stand With Crypto, the crypto advocacy group, responded with its own numbers on Tuesday, saying its advocates had called Congress 8,000 times and sent 300,000 emails over recent months to protect stablecoin rewards, and have contacted lawmakers nearly 1.5 million times in support of the CLARITY Act overall. Those on the side of digital assets are framing the banking industry’s lobbying campaign as an attempt to block competition from yield-bearing stablecoins. Senator Bernie Moreno accused banks of trying to “kill stablecoins that would let everyday Americans earn real yields on their own money.” He also described the banking industry as a “cartel” protecting low-interest deposit models. But not everyone inside Washington thinks this fight ends at Thursday’s committee vote. According to reporter Sander Lutz, banking policy leaders are already preparing for another push on the Senate floor if they lose the markup battle over yield restrictions. Meanwhile, crypto journalist Eleanor Terrett reported that Senate Minority Leader Chuck Schumer privately encouraged Democrats to work toward supporting the bill. The post CLARITY Act Faces Wave of Amendments Ahead of Markup appeared first on CryptoPotato .
13 May 2026, 19:02
Bitcoin Slides Below $79K as $304M in Crypto Longs Vanish After PPI Shock

On Wednesday, bitcoin briefly plunged below $79,000 for the first time since May 4 as investors digested the latest producer price index data, which showed a sharp acceleration in wholesale inflation. Geopolitical Tensions and Macro Factors Bitcoin briefly plunged below $79,000 for the first time since May 4 as investors digested the latest producer price
13 May 2026, 18:35
Pound Sterling Slips as Hot US Inflation Data Boosts Dollar Demand

BitcoinWorld Pound Sterling Slips as Hot US Inflation Data Boosts Dollar Demand The British pound weakened against the US dollar on Wednesday, slipping below the $1.27 mark after stronger-than-expected US inflation data reinforced expectations that the Federal Reserve will maintain higher interest rates for longer. The dollar index climbed to a fresh session high as traders repriced the likelihood of a rate cut in the coming months. US Inflation Data Surprises to the Upside The US Bureau of Labor Statistics reported that the Consumer Price Index (CPI) rose 0.4% month-over-month in January, above the 0.3% forecast. On an annual basis, headline inflation came in at 3.1%, slightly above the 2.9% consensus estimate. Core CPI, which excludes volatile food and energy prices, also exceeded expectations at 3.9% year-over-year. The hotter-than-anticipated reading suggests that inflationary pressures in the world’s largest economy remain stickier than many analysts had anticipated. This has pushed back market expectations for the timing of the first Fed rate cut, with some traders now pricing in a move no earlier than June, compared to previous bets for a May reduction. Market Reaction and Sterling’s Decline The immediate reaction in currency markets was a sharp move higher for the US dollar. The pound, which had been trading near $1.2750 earlier in the session, fell to around $1.2660 shortly after the data release. The euro also declined against the dollar, while the dollar index rose by approximately 0.6% on the day. For sterling, the move reflects not only the dollar’s strength but also ongoing concerns about the UK’s own economic outlook. While the Bank of England has held rates steady at 5.25%, recent data has shown the UK economy flirting with recession, which limits the pound’s upside potential even when the dollar weakens. What This Means for Traders and Businesses The stronger dollar has immediate implications for importers and exporters. UK businesses that rely on US dollar-denominated imports will find their costs rising, while exporters selling to the US may benefit from more competitive pricing in dollar terms. For travelers, the weaker pound means that trips to the US have become more expensive in real terms. From a broader perspective, the data reinforces the narrative that the global fight against inflation is not yet over. Central banks on both sides of the Atlantic are likely to remain cautious, and any premature expectations of rate cuts may continue to be disappointed. Outlook and Key Levels to Watch Technical analysts are watching the $1.2600 level as the next key support for the pound-dollar pair. A break below that could open the door to a test of the $1.2500 region, which served as a floor in late 2023. On the upside, resistance is seen at $1.2750 and then $1.2800. Looking ahead, the focus now shifts to UK inflation data due next week, which will provide further clues on the Bank of England’s policy path. Any upside surprise in UK CPI could help sterling recover some lost ground, but the dollar’s momentum remains strong for now. Conclusion The pound’s decline against the dollar following the US inflation surprise is a textbook market reaction to a data-driven repricing of interest rate expectations. While the move is significant, it remains within the recent trading range, and the broader trend will depend on upcoming economic data from both the US and the UK. For now, the dollar has regained the upper hand, and sterling faces an uphill battle to recover lost ground. FAQs Q1: Why did the pound fall after US inflation data? The stronger-than-expected US inflation data raised expectations that the Federal Reserve will keep interest rates higher for longer, which increases demand for the US dollar as investors seek higher yields. This caused the pound to weaken against the dollar. Q2: What is the current GBP/USD exchange rate? Following the data release, the pound slipped to around $1.2660, down from approximately $1.2750 earlier in the session. The exact rate fluctuates throughout the trading day. Q3: How does a weaker pound affect UK consumers? A weaker pound makes imports more expensive, which can contribute to higher prices for goods and services in the UK. It also makes foreign travel, particularly to the US, more costly for British consumers. This post Pound Sterling Slips as Hot US Inflation Data Boosts Dollar Demand first appeared on BitcoinWorld .
13 May 2026, 18:30
Gold Holds Near $4,700 as Persistent Rate Outlook Caps Upside Momentum

BitcoinWorld Gold Holds Near $4,700 as Persistent Rate Outlook Caps Upside Momentum Gold prices are trading near the psychologically significant $4,700 mark on Tuesday, but the metal’s upward momentum remains constrained by a persistent ‘higher-for-longer’ interest rate narrative from the Federal Reserve. While geopolitical uncertainty and central bank buying continue to provide a floor under prices, the prospect of sustained elevated borrowing costs is limiting the precious metal’s breakout potential. Market Context: The Fed’s Lingering Shadow The Federal Reserve’s latest commentary has reinforced expectations that interest rates will remain at current levels for an extended period. This outlook directly impacts gold, a non-yielding asset, by increasing the opportunity cost of holding it compared to interest-bearing instruments like bonds. The yield on the 10-year U.S. Treasury note remains elevated, creating a headwind for gold prices despite ongoing inflation concerns. Market participants are now pricing in a lower probability of rate cuts in the first half of the year, a shift from earlier optimism. This recalibration has effectively capped gold’s upside, preventing it from challenging the $4,800 resistance level despite intermittent safe-haven demand. Underlying Support Factors Remain Intact Despite the rate-related pressure, several fundamental drivers continue to support gold near its current levels. Central banks, particularly in emerging markets, have maintained a steady pace of gold purchases as part of a broader de-dollarization strategy. Additionally, ongoing geopolitical tensions in Eastern Europe and the Middle East sustain a baseline level of safe-haven buying. Implications for Investors For investors, the current price action suggests a market in balance. The lack of a clear catalyst to push gold decisively higher or lower has resulted in a consolidation phase. Traders are closely watching upcoming U.S. economic data, particularly non-farm payrolls and consumer price index reports, for signals that could shift the Fed’s policy trajectory. A weaker-than-expected economic print could revive rate-cut expectations and provide the spark for gold’s next leg higher. Conversely, persistent inflation or strong economic data would reinforce the higher-for-longer narrative, likely keeping gold range-bound or prompting a modest pullback toward the $4,600 support zone. Conclusion Gold’s proximity to $4,700 reflects a tug-of-war between supportive macro and geopolitical factors and the dampening effect of a restrictive monetary policy outlook. Until the Federal Reserve signals a clear pivot toward easing, gold’s upside is likely to remain limited, but the downside is equally protected by robust physical demand and global uncertainty. The market is effectively waiting for its next major catalyst. FAQs Q1: Why does the ‘higher-for-longer’ rate outlook affect gold prices? Gold does not yield interest or dividends. When interest rates are high, investors can earn attractive returns from bonds and savings accounts, making gold less appealing by comparison. This opportunity cost limits the upside for gold prices. Q2: What could trigger a breakout above $4,700 for gold? A clear signal from the Federal Reserve that it is preparing to cut interest rates, a sharp escalation in geopolitical tensions, or a significant weakening of the U.S. dollar could all act as catalysts for gold to break above the $4,700 resistance level. Q3: Is it a good time to buy gold at current levels? The decision depends on individual investment goals and risk tolerance. Gold is currently in a consolidation phase. For long-term investors, it may offer portfolio diversification and a hedge against inflation. For short-term traders, the lack of clear momentum suggests waiting for a clearer directional signal may be prudent. This post Gold Holds Near $4,700 as Persistent Rate Outlook Caps Upside Momentum first appeared on BitcoinWorld .
13 May 2026, 18:15
BTC slides below $79,000 after key inflation data

📉 BTC falls below $79,000 after higher-than-expected US inflation data. Strong inflation reports and changing Fed outlook push $BTC lower. Continue Reading: BTC slides below $79,000 after key inflation data The post BTC slides below $79,000 after key inflation data appeared first on COINTURK NEWS .










































