Bitcoin crashes 44% from 2025 peak—is $70K the new floor?

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Bitcoin crashes 44% from 2025 peak—is $70K the new floor?

Pie chart showing cryptocurrency market capitalizations in 2016, with sections for Bitcoin, Ethereum, and Litecoin.
Alex Duffy
Alex Duffy
2 Min.

Bitcoin crashes 44% from 2025 peak—is $70K the new floor?

Bitcoin's price has dropped sharply since its peak in late 2025, falling by roughly 44%. After reaching an all-time high of about $126,199 in October 2025, the cryptocurrency now hovers near $70,500 as of late March 2026. Analysts at Goldman Sachs suggest the market may finally be stabilising around this level. The steep decline followed a rally driven by the US election and Donald Trump's crypto-friendly policies in late 2024 and early 2025. Additional pressure came from shifting Federal Reserve interest rate expectations and institutional investors adjusting their positions. Despite the downturn, signs of recovery have emerged in recent weeks.

Selling pressure has eased on major exchanges and derivatives platforms, reducing forced liquidations. Liquidity conditions are gradually improving, though progress remains uneven across different trading venues. Goldman Sachs analysts note that Bitcoin may have already found a floor near $70,000, ending the worst of the correction.

Institutional interest in digital assets appears to be holding steady. Goldman Sachs has identified crypto-related stocks as attractive opportunities, while broader market sentiment suggests growing confidence in the sector. However, ETF flows remain inconsistent, reflecting mixed investor reactions to the recent volatility.

David Solomon, CEO of Goldman Sachs, confirmed in a recent statement that his personal exposure to Bitcoin is 'very, very limited.' His comments align with the bank's cautious but observant stance on cryptocurrency markets. Bitcoin's 44% drop from its peak has led analysts to believe the market is now stabilising near $70,000. With reduced selling pressure and improving liquidity, the worst of the downturn may be over. Institutional investors continue to view digital assets and related sectors as promising, despite lingering uncertainty in ETF flows.