"Bitcoin is struggling to regain the momentum it had in 2025, the first year of Trump's extremely crypto-friendly administration. The token is still hovering around the $67,000 mark, a major loss compared to its October all-time high of just under twice that. It has experienced its worst-ever start to a year, dropping 24 percent in the first 50 days of the year."
"That tooth-rattling downturn has certain critics predicting a total collapse, suggesting its value could eventually plunge to zero dollars - a controversial stance that's sparked a fierce debate. Proponents argue the core fundamentals haven't changed at all, and that Bitcoin's demise was the result of major macroeconomic uncertainty, questionable Federal Reserve policy, and major selloffs triggered by fears over a growing AI bubble."
"Critics, however, point to Bitcoin becoming untethered from the value of gold, an identity crisis undermining its long-touted role as a "digital gold" safe haven for investors. It's a conundrum that has spread fear, uncertainty, and doubt - or FUD, a popular term in crypto circles. As one viral post on X pointed out, Google Trends has shown a major uptick for the queries "Bitcoin going to zero" and "Is Bitcoin dead?""
Bitcoin lost much of the momentum it achieved in 2025 and is trading near $67,000, roughly half its October all-time high. The token recorded a 24 percent decline in the first 50 days, marking its worst-ever start to a year. Critics warn of potential collapse to zero, while supporters attribute the drop to macroeconomic uncertainty, Federal Reserve policy, and AI-driven market selloffs. Critics also say Bitcoin has become untethered from gold, undermining its "digital gold" safe-haven narrative. Market sentiment indicators shifted to extreme fear, with Google Trends and prediction markets reflecting greater pessimism.
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