Bloomberg recently gathered insights from industry experts regarding Bitcoin’s ongoing decline, exploring whether the cryptocurrency market has finally hit its lowest point.
Since peaking in October 2025, Bitcoin has shed over $1 trillion in market capitalization. This sharp downturn has left investors pondering a critical question: Has the bottom been reached, or is further downside imminent?
The latest Bloomberg report analyzed Bitcoin’s recent price drop and collected perspectives from financial leaders amid persistent uncertainty surrounding the crypto sector.
Key Highlights
Bitcoin’s value plummeted by approximately $1.17 trillion after falling from its $2.52 trillion peak in October 2025.
The cryptocurrency initially dipped to around $59,000 earlier this month but rebounded to near $67,000 levels.
Market participants remain divided on whether the recent low at $59,000 represents a true bottom or if deeper losses lie ahead.
Koinly’s CEO mentioned to Bloomberg that current market behavior lacks the capitulation signals typically seen at previous cycle lows.
CryptoQuant pointed out several worrying indicators but emphasized that bear markets often require extended periods before forming definitive bottoms.
A Massive Decline Since October
Back in October 2025, Bitcoin’s market cap stood at an impressive $2.52 trillion. Since then, it has contracted by roughly 41%, now valued around $1.35 trillion with prices hovering near $67,000.
The report noted that this recent dip occurred just before U.S. markets reopened following a three-day hiatus—Bitcoin dropped as much as 1.7% on Tuesday while Nasdaq futures fell by nearly 0.9% and S&P 500 contracts declined about 0.6%, signaling broader risk-off sentiment across equities and crypto alike.
According to Bloomberg analysis, Bitcoin has mirrored high-beta tech stocks recently—frequently moving alongside equity markets—and continued this trend during the latest selloff.
The report also highlighted macroeconomic concerns influencing investor sentiment: escalating geopolitical tensions involving Iran and debates over artificial intelligence’s potential economic impact beyond technology sectors have added unease among traders.
Shrinking ETF Holdings &&a Fragile Market Mood
Bloomberg spotlighted ongoing capital outflows from U.S.-listed Bitcoin ETFs which have experienced four consecutive weeks of net withdrawals totaling approximately $360 million last week alone — intensifying downward pressure on prices.
Investor sentiment metrics reflect growing apprehension too: CryptoQuant’s Fear &&#G;; Greed Index plunged to just ten out of one hundred points Monday indicating extreme fear among holders during this significant correction.
's Bottom?
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