Bitcoin (BTC USD) crash reasons explained : A nearly 50% decline in the crypto market has left many investors wondering whether the current cycle is over. But the latest downturn looks very different from the major crypto crashes of the past.
The total cryptocurrency market has fallen roughly 48% from its peak to about $2.46 trillion, while Bitcoin has dropped around 50% from its October 2025 record high of $126,200 to the $60,000 range. Despite the sharp losses, this selloff has not been driven by the kind of industry-wide failures that defined previous bear markets, as per a report.