GBTC News & Analysis

Bitcoin (BTC) Declines 50% Since Peak, Key Level at $63,000

Bitcoin (BTC) has decreased nearly 50% from its all-time high of $126,279 reached on October 6, 2025, closing in the $63,000 range this week. Despite the downturn of almost 2% over the recent holiday, industry experts believe the trend is temporary, asserting that the cryptocurrency's future remains viable. The iShares Bitcoin Trust ETF (IBIT) showed signs of resilience as investors continued to hold their positions during the downturn, indicating optimism. However, the performance of major Bitcoin ETFs, such as GBTC, has declined by 40% over the last 52 weeks.