Bitcoin crash keeps rolling: BTC wipes out all its 2025 gains
Illustrative photo: BTC lost profits for the entire year of 2025 (GettyImages)
Bitcoin fell below the $90,000 mark, continuing its deepest monthly decline in the last year. This drop wiped out gains for 2025 and sharply dampened sentiment in the digital asset market, reports Bloomberg.
On Tuesday, the largest cryptocurrency fell another 2.4%, continuing its correction after a historic high of over $126,000 recorded in early October.
This is the first time in six months that BTC has fallen below $90,000 — the last time it plummeted to $74,400 in April after US President Donald Trump's tariff policy announcements caused global markets to crash.
As of 11:00 a.m. in London, Bitcoin had partially recovered and was trading at around $91,400, but market risks remain high.
Traders are panicking and reevaluating risks
The decline is occurring against the backdrop of worsening global economic factors:
- uncertainty about the pace of US Federal Reserve rate cuts,
- declining activity in stock markets,
- fears about overvalued speculative assets.
The probability of a Fed rate cut in December is now estimated at less than 50%, which is putting pressure on all risk markets.
“Crypto markets continue to grind lower after losing the important 100k level in BTC,” said Shiliang Tang, managing partner of Monarq Asset Management.
In July, Bitcoin set a series of price records in a short period of time. On July 13, the value of this cryptocurrency reached $119,000. By July 14, the value of the cryptocurrency had reached $120,000.
In May, Bitcoin set a new record for that period at $109,000.
