Cantor says crypto market near bottom as bitcoin (BTC) cycle points to October low
Cantor Fitzgerald suggests the crypto market, particularly Bitcoin, may be nearing its bottom, with historical trends indicating a potential low by October.
Is the Crypto Market Today Finally Nearing the Bottom?
As July begins, you may be wondering about the current state of the crypto market—especially with Bitcoin's recent trends signaling potential changes. According to a recent report from Cantor Fitzgerald, the bear market that has gripped Bitcoin might be entering its final stretch. If history is any guide, we could be looking at a bottoming out of prices around October. Curious about what this all means for you as a trader or investor? Let’s dive into the details.
What Does Cantor Fitzgerald Predict About Bitcoin?
Cantor Fitzgerald analysts, led by Gareth Gacetta, have suggested that Bitcoin is currently in the late stages of its bear market cycle. In their Tuesday report, they noted that Bitcoin's historical trading patterns indicate a potential bottom could materialize in the coming months. As of now, Bitcoin is trading at approximately $60,743.37, down about 51% from its late-2025 peak.
The analysts state, "Ultimately, our belief is that we are only a few months away from the bottom of this pullback." Historically, Bitcoin has reached a bottom approximately 384 days after its peak. Given that it was 252 days past its previous peak as of June 10, we might expect the price to find a floor by late October if this trend continues.
What Should Investors Focus on Now?
With the market nearing a potential turning point, Cantor Fitzgerald recommends that investors should shift their focus from speculative activities to networks that demonstrate durable value accrual. The report highlights that while some sectors within the Bitcoin ecosystem are witnessing growth, usage alone does not equate to increased token value. Instead, the long-term winners will be those that translate activity into sustainable cash flow or lasting monetary demand.
Which Crypto Projects Are Worth Watching?
Among the projects identified in the Cantor report, Hyperliquid stands out as an example of effective fee-driven token economics, showcasing HYPE buybacks and burns. In the bigger picture, Bitcoin is still viewed as the benchmark monetary asset, while Ethereum continues to dominate as the collateral layer for on-chain finance.
Other notable projects like Solana, Sui, XRP, and Zcash each possess unique strengths, yet they still have challenges ahead in proving their capability to convert ecosystem growth into sustainable token demand.
How Are Digital Asset Treasury Companies Evolving?
Cantor also pointed out the evolution of digital asset treasury companies, which have started to transition from mere passive crypto holders to active operators creating yield, building infrastructure, and offering institutional access to digital assets. They initiated coverage of companies like Forward Industries (FWDI) and Cypherpunk Technologies (CYPH), giving them overweight ratings along with price targets of $7.90 and $0.90, respectively.
What’s Next for the Crypto Market?
As the summer progresses, it’s crucial to stay attentive to the market signals. Traders looking for competitive rates and potential opportunities can explore exchanges like Binance, Bybit, and others—many offer attractive referral codes and bonuses for new users. Checking out our Binance referral page may provide you with exclusive access to special offers.
Key Takeaways
- Cantor Fitzgerald suggests Bitcoin could bottom out around October based on historical patterns.
- Bitcoin is currently trading at approximately $60,743.37, down 51% from its late-2025 peak.
- Focus on networks that demonstrate durable value accrual rather than speculative investments.
- Digital asset treasury companies are transitioning towards active operation and infrastructure building.
- Staying informed about market changes is crucial for traders looking for profitable opportunities.