Bitcoin tumbled by more than $10,000 in a single session, trading below $67,000 and briefly flirting with the $63,000 level intraday. From a peak of around $126,000 in October 2025, the market has halved within four months, signaling a fresh crypto winter. Analysts cite high interest rates and sizable capital outflows as primary drivers, warning that further declines could follow and urging a cautious portfolio stance.
Investor sentiment has shifted toward risk-off assets, with large institutional holders and funds unloading positions and ETFs experiencing outflows, putting additional pressure on Bitcoin’s price. Bitcoin’s narrative as digital gold or a safe haven has come under renewed scrutiny as it moves in step with broader equities. Investors are urged to maintain conservative portfolios.
Altcoins have fallen even more sharply than Bitcoin, amplifying market fear. Some observers see potential buying opportunities at the bottom, while most remain cautious. Notably, market veterans like Michael Burry have warned that corporate Bitcoin holdings could fuel a ‘dead spiral’ in a downturn. Analysts note that the breach of the 69,000-dollar psychological level underscores the risk of further declines.
Leave a Reply