CRYPTO
Bitcoin could bottom in October, altcoins are ‘basically dead,’ Swan CEO says
CointelegraphSaturday, August 15, 2026 at 12:57 PM
RedScroll Brief
Klippsten said Bitcoin could bottom about a year after its previous peak and argued that crypto’s best outcome is to become part of TradFi.
RedScroll Signal
- Impact
- High
- Category
- Crypto
- Market relevance
- High
- Why it matters
- Crypto moves are a live stress test of liquidity, regulation, and narrative risk. Klippsten said Bitcoin could bottom about a year after its previous peak and argued that crypto’s best outcome is to become part of TradFi. Watch liquidity and volatility around Bitcoin and October — crypto markets reprice narrative risk quickly.
Desk copy
RedScroll Briefing
Extractive editorial brief — not a reprint of the original
What happened
Klippsten said Bitcoin could bottom about a year after its previous peak and argued that crypto’s best outcome is to become part of TradFi.
Why it matters
Crypto moves are a live stress test of liquidity, regulation, and narrative risk.
Background
Cointelegraph reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.
Timeline
Cointelegraph published: Bitcoin could bottom in October, altcoins are ‘basically dead,’ Swan CEO says
Story is in today’s RedScroll edition. Follow the original source for updates.
Economic impact
Watch liquidity and volatility around Bitcoin and October — crypto markets reprice narrative risk quickly.
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Source
Cointelegraph
Original reporting by Cointelegraph. RedScroll provides an extractive briefing only.