Bitcoin Slumps to Record-Low Opening in 2026

Bitcoin's price has plummeted more than 22% in 2026, marking its weakest start to a financial year on record.

This is according to data from checkonchain, which shows that Bitcoin's current price is lower than the average of previous crypto slumps.

The cryptocurrency is down roughly 50% from its October peak and has fallen over 22% so far this year.

Historical patterns, including typical post-election strength and January-February reversals, have not held this year either.

Bitcoin's price was up nearly 2% in the last 24 hours, climbing to around $68,100, but retail sentiment on Stocktwits continues to trend in 'bearish' territory.