Bitcoin Price Plunges 40% From All-Time Highs to One-Year Lows

Bitcoin's price has fallen below $75,000, reaching a one-year low after a significant 40% drop from its late 2025 all-time highs, driven by broader financial stress and risk-off sentiment across global assets. This decline triggered massive liquidations, with about $2.56 billion in Bitcoin positions liquidated in 24 hours. Institutional players like Galaxy Digital reported substantial losses due to the downturn. Market participants also cite concerns over U.S. monetary policy, specifically the nomination of Kevin Warsh to the Fed, and a strengthening U.S. dollar making non-yielding assets less attractive. Despite positive developments like regulatory engagement, Bitwise CIO Matt Hougan suggests the market is in a genuine “crypto winter” since early 2025, noting that institutional demand from spot ETFs cushioned the fall, preventing a potentially deeper 60% drawdown.

(Source：Bitcoin Magazine)