Bitcoin Price Drops by Half as Equities and Gold Reach New Heights

The Bitcoin price has been down roughly 50% from its October 2025 all-time high of $126,198 to around $62,000.

This decline is part of a larger trend where equities are near record highs and gold has reached an all-time high above $5,500, while Bitcoin's performance has been relatively poor with a 30% year-to-date loss compared to an 80% gain for gold.

Jim Ferraioli from Schwab noted that this cycle is a 40 vol asset, last one it was 60 and time before that it was 80, and that Bitcoin is suffering from strong momentum elsewhere.