After reaching an all-time peak in October 2025, Bitcoin has shed more than half its value — battered by ETF outflows, macro headwinds, and investor money chasing AI stocks instead.
By IDEA Television Business Desk
Bitcoin has lost more than half its value since touching a record $126,080 in October 2025 — one of the sharpest multi-month corrections the world’s largest cryptocurrency has seen since the FTX collapse of 2022. At press time, Bitcoin is trading just above the $60,000 threshold, a level that analysts describe as both psychologically critical and technically vulnerable.
The unraveling began on the weekend of October 10–12, 2025, when a sharp tech-stock selloff triggered a cascade of leveraged liquidations. Bitcoin fell from $126,000 to below $105,000 in hours. Over the following months, a relentless wave of ETF outflows deepened the damage — with more than $4.33 billion leaving spot Bitcoin ETFs during 13 consecutive days of net withdrawals between mid-May and early June 2026 alone.
A surprise US jobs report on June 4 added fuel to the fire — the economy added 172,000 jobs in May, more than double economists’ forecasts, effectively pushing back the timeline for Federal Reserve rate cuts. Bitcoin fell over 5% on the news. The Nasdaq dropped 4.2% and gold fell 3% in the same session, signalling broad risk-off sentiment.
Despite the gloom, some analysts remain cautiously optimistic. Several financial institutions had projected Bitcoin could reach $150,000 if institutional demand returned. A recovery, they say, would need falling inflation, renewed ETF inflows, and stabilising macro conditions — none of which appear imminent in June 2026.
