Bitcoin (BTC-USD) has lost roughly half its value since reaching a record above $126,000 in October, falling to levels last seen in September 2024 despite improving expectations around cryptocurrency regulation and the absence of the major scandals or forced liquidations that disrupted earlier market cycles. Previous crypto winters produced declines of as much as 80%, but the latest selloff may be more troubling for long-term supporters because it appears to have been driven by a steady decline in investor interest rather than one major market event. Bitcoin also fell below $60,000 for the first time in two years after losing more than $10,000 during the week when Strategy Inc., a software company that has become the largest corporate…