Bitcoin (BTC) Price Decline Wipes Out 2025 Gains As Crypto Sells Off

Trump was supposed to be the crypto president, but his bullish support for digital assets hasn’t kept once red-hot bitcoin from entering freefall in the last month.

The OG cryptocurrency barreled deeper into bear market territory on Tuesday, trading as low as $89,368 early in the day. That officially wipes out the crypto’s gains since the start of the year, and marks the first time bitcoin has fallen below $90,000 since the tariff-fueled sell-off in April.

After being up as much as 35% year-to-date, Tuesday’s decline has pushed the token into negative territory. Bitcoin is now down 2% in 2025.

Chart showing bitcoin's price year-to-date

Ethereum, the second-largest coin, dipped below $3,000 for the first time in five months. The token is down more than…

Source link