Bitcoin’s Price Plunges Below $64,000. Welcome to 2026’s ‘Crypto Winter’
Key Takeaways
- The price of a single bitcoin recently traded below $64,000 and at its lowest price since late 2024.
- “The ‘Bitcoin Boomer Adoption’ Trade is Dead,” one market expert said.
Bitcoin has slipped below another five-digit milestone, raising the specter of “crypto winter.”
The leading cryptocurrency by market capitalization—at about $1.26 trillion, according to CoinMarketCap—recently changed hands at prices not seen since late 2024, dropping to below $64,000 apiece. (Read Investopedia’s full coverage of today’s trading here.)
The price has been nearly cut in half from last fall’s record highs around $126,000. The coin market at large has taken a major hit, with more than $500 billion in market value wiped out in a…
