Bloomberg Galaxy Crypto Index Support Around 1,000 Bitcoin and the broader crypto market remain in a bear market, and the Bloomberg Economics model points to further downside. The Bloomberg Galaxy Crypto Index, at about 1,660 on Aug. 12, has fallen below 2,000 after peaking near 4,000 in 2025, with 1,000 emerging as the next major round-number level. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tjpahbkiupss {BI COMD} #Bitcoin @Bloomberg(Mike McGlone)