The world’s biggest cryptocurrency fell below $76,000 in weak weekend trade, falling about 40 percent from its 2025 peak and returning to levels last seen after the “Liberation Day” tariffs.
What started as a sharp decline in October turned into something more corrosive: a selloff shaped not by panic but by a lack of buyers, momentum and belief.
Unlike the October crash, there was no obvious spark, cascading liquidations or systemic shock – just weakening demand, thinning liquidity and a token untethered from broader markets. Bitcoin has failed to respond to geopolitical stress, dollar weakness or rising risk.
Even during the violent swings of gold and silver in recent weeks, cryptocurrencies have not seen a rotation.
Bitcoin fell nearly 11 percent in January, its fourth straight monthly decline — the longest losing streak since 2018, during the meltdown that followed the initial coin offering boom of 2017.
“I don’t think we’ll see a new all-time high for Bitcoin in 2026,” said Paul Howard, director at market maker Wincent.
Even more striking than the fall itself is the relative lack of optimism surrounding it on social media.
In a space known for relentless bragging and “the number is going up” memes, Bitcoin’s decline was met with little cheering or bearish buying, according to the InsuranceJournal.
