Cryptocurrency investors aren’t having the best time. The leader of the pack, Bitcoin (BTC +0.21%), has seen its price drop 44% (as of March 5) since it reached an all-time record in October 2025. With a market cap of $86 billion, XRP (XRP +0.03%) is another popular digital asset. It’s currently trading 63% below its peak from January 2018.
Huge price drawdowns are nothing new to the Bitcoin community, and this crypto has always recovered in the past. In fact, there have been numerous instances in the past 15 years when the dominant crypto’s price has tanked 50% or more. It has always recovered to reach newer highs. There’s no reason to believe this situation will play out differently.
That’s because Bitcoin’s fundamentals haven’t changed. Its supply cap remains firm at 21 million units, introducing scarcity that is rare in the world of financial markets. The number of nodes that run the Bitcoin software and relay transactions has never been higher. This is also basically the case for Bitcoin’s hash rate, or the amount of computational power provided by miners that secures the network.
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