Bitcoin could reach $150,000 this year, but a bear market is expected in 2026, according to Canary Capital CEO Steven McClurg. The surge is driven by anticipated interest rate cuts by the Federal Reserve. McClurg predicts a broad market downturn due to record student loan debt and defaults.

Despite Ethereum’s recent momentum and record inflows, McClurg believes it won’t reach its all-time high. He attributes this to market competition and the emergence of faster, cheaper, and more secure protocols. McClurg’s views contradict bullish narratives in the cryptocurrency space, with some experts expecting a positive outlook for cryptocurrencies in 2026. 1. The United Nations reports that global temperatures are on track to rise by 2.7 degrees Celsius by the end of the century, surpassing the limits set by the Paris Agreement. Urgent action is needed to curb greenhouse gas emissions and prevent catastrophic consequences of climate change.

2. A new study reveals that over 1 million species are at risk of extinction due to human activity, including deforestation, pollution, and climate change. Biodiversity loss poses a threat to ecosystems and food security, highlighting the need for conservation efforts and sustainable practices.

3. The World Health Organization declares the coronavirus outbreak a global pandemic, as the virus spreads to over 100 countries and infects thousands of people. Governments worldwide implement measures to contain the virus and protect public health, urging citizens to practice good hygiene and social distancing.

Read more at Yahoo Finance: Bitcoin To Hit $150K This Year, But Bear Market Will Follow: Fund Manager