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Shreya Biswas

Bitcoin is down 55% from its peak - here's why Tom Lee predicts crypto bull run as $15.6 billion options expiry looms

Bitcoin Tom Lee Crypto Fundstrat Bitwise United States Apple

Bitcoin’s latest bear market was severe, but the decline was smaller than some of the cryptocurrency’s previous crashes.

The cryptocurrency dropped about 55% from its October 2025 peak during its most recent drop. In November 2021, Bitcoin traded at close to $69,000 and then fell below $16,000 approximately one year later, a decline of more than 75%. Earlier cycles produced drawdowns of 80% or more.

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