Bitcoin (CRYPTO:BTC) has lost 29% of its value since January, and it is the best performer of the four largest cryptos this year. Ethereum (CRYPTO:ETH) is down 37%, Solana (CRYPTO:SOL) 40%, and the XRP (CRYPTO:XRP) price has fallen 47% and dropped below $1 this month for the first time since November 2024.
Interest rates are part of the reason the top cryptocurrencies are plunging. The Federal Reserve has held them at 3.50% to 3.75% all year with three of its members voting for a hike at the last meeting, and while rates stay that high, investors get a guaranteed return from government bonds without taking on crypto’s volatility.
That leaves four and a half months for the market to turn, so will crypto recover by the end of 2026?
