Bear markets are usually defined as periods when a market is down by at least 20% from a recent high. With that benchmark in mind, over the last couple of months, a popular story has emerged, claiming that the crypto sector’s bull market ended back in January, and that the majority of 2025 has been one long bear market for the entire sector.
The story feels true because crypto portfolios are hurting right now. Lead assets like Bitcoin (BTC 0.27%), Ethereum (ETH 1.62%), Solana (SOL 1.34%), XRP (XRP +0.62%), Cardano, and even Dogecoin have spent the year grinding lower while the stock market roared higher, led by the “Magnificent Seven” group of…
