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199 Bitcoin Drops 40% in Four Months. Bloomberg Blames Absence of Buyers and Belief

Slashdot
EditorDavid @ Slashdot · 02/01/2026 16:49 EDT

Bitcoin Drops 40% in Four Months.  Bloomberg Blames Absence of Buyers and Belief

October saw Bitcoin reach $123,742. But less than four months later, "The world's largest cryptocurrency slipped below $76,000..." Bloomberg reports, "dropping about 40% from its 2025 peak..."


"What began as a sharp crash in October has morphed into something more corrosive: a selloff shaped not by panic, but by absence of buyers, momentum and belief."


Unlike the October drawdown, there's been no obvious spark, cascading liquidations or systemic shock — just fading demand, thinning liquidity, and a tok

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