Bitcoin has fallen nearly 20 percent since the start of 2026.
Bitcoin’s value has dropped below $71,000, marking a decline of over 7 percent in one day and erasing all gains since Donald Trump’s 2024 re-election. The cryptocurrency has been on a downward trend since hitting an all-time high of over $127,000 in October 2025. Regulatory uncertainties surrounding Trump’s proposed cryptocurrency legislation have contributed to market volatility. Meanwhile, other financial markets, including equities and commodities, faced losses as well.
