Fidelity says Bitcoin’s Cycle Drawdown is the Mildest Yet
Cointelegraph
Fidelity Digital Assets reports that Bitcoin’s current market cycle drawdown is significantly milder than historical precedents, signaling a maturing asset class.Summary
Fidelity Digital Assets research analyst Zack Wainwright notes that Bitcoin has experienced a roughly 50% drawdown this cycle, which is notably less severe than the 80% to 90% declines seen in previous cycles. This trend of diminishing returns and reduced volatility suggests that Bitcoin is evolving from a speculative asset into a more stable store of value. Industry experts attribute this shift to increased institutional confidence and market maturation, with some analysts projecting a potential cycle bottom in late September or early October 2026.
(Source：Cointelegraph)