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Why bitcoin is down 'just' 32% a year after its record high of $126,000
Publication: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Author: Omkar Godbole
Source published: 06/10/2026, 08:27:43 UTC
Briefing created: 06/10/2026, 09:35:56 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 06/10/2026, 08:40:24 UTC.
Briefings
Bitcoin experienced a 32% decline over the past year following a record high of $126,000, marking the first time in a bear market since 2022 that prices dropped below 85%. Historical data shows bear market downturns have typically seen steeper drops, ranging from 77% to 85%, suggesting this current decline is unusually mild compared to past bear market conditions.
Key points
- Bitcoin fell 32% over the last year after hitting a record high of $126,000, the first time in a bear market since 2022 that prices dropped below 85%.
Context and limitations
Evidence covers only the one-year period since the record high; broader historical bear market data is referenced but not detailed.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 06/10/2026, 09:35:56 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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