"The world's most popular cryptocurrency (BTC) has seen its value drop significantly from highs earlier this year as it has struggled to shake off a price decline that began in early October. As of Monday morning, the price of one BTC was around $94,000, which is down almost 8% over the past five days and down 14% over the past month. Notably, the token is now roughly flat since the beginning of the year-meaning it's given back all of the value"
"The selloff, it appears, is being driven by investors, including institutional investors, who are cashing out, combined with weak sentiment and broader economic concerns. "The selloff is a confluence of profit-taking by LTHs, institutional outflows, macro uncertainty, and leveraged longs getting wiped out," Jake Kennis, senior research analyst at Nansen, told CoinDesk. "What is clear is that the market has temporarily chosen a downward direction after a long period of consolidation/ranging.""
Bitcoin has declined roughly 32% since early October and is trading near $94,000, down almost 8% over five days and 14% over the past month. The token is approximately flat year-to-date after peaking around $124,000 in October, effectively giving back gains from earlier in 2025. The broader crypto market is weaker, with the CoinDesk 20 down about 16% over the past week. Market pressures include profit-taking by long-term holders, institutional outflows, weak sentiment, macroeconomic uncertainty, and liquidations of leveraged long positions. Traders are watching a recent death cross, raising concerns of a prolonged downturn.
Read at Fast Company
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