Bitcoin's monthslong slide continues, hitting fresh 15-month low of $67,000
An illustration photograph taken on Nov. 22, 2025, shows a gold plated souvenir Bitcoin coin reflected in a mirror and arranged for a photograph in front of a computer screen displaying the Bitcoin monthly price chart in a residential property in Guildford, south of London. Bitcoin, the world's biggest cryptocurrency, extended its price slump on Feb. 05, to trade under $70,000 for the first time since Donald Trump's presidential election victory in November 2024. AFP-Yonhap
The price of bitcoin continued its monthslong slide Thursday, falling another 11 percent to $67,000, its lowest level in 15 months.
The original cryptocurrency, pitched as “digital gold,” has lost 46 percent of its value since Oct. 6, when it hit a record high of $126,210.50, according to crypto trading platform Coinbase. As of 10:30 a.m. EST Thursday, its price had dipped to $67,245.
After the election of President Donald Trump in November of 2024, Bitcoin prices chugged higher for the better part of a year, in part due to investors' expectations of a more crypto-friendly administration in Washington.
Companies that enable investors to buy and sell cryptocurrencies, as well as the growing number of companies who have made investing in bitcoin their main business focus, have also been hit hard in the recent sell-off.
Coinbase Global fell 9.1 percent and online trading platform Robinhood Markets lost 8.1 percent. Bitcoin mining company Riot Platforms dropped 10 percent.
Strategy, the biggest of the so-called crypto treasury companies that raises money just to buy bitcoin, tumbled 13 percent. The company, formerly called MicroStrategy, reports on its website holdings of 713,502 bitcoin. With the average purchase prices for those above $76,000, it means the company is under water on the investment. Thursday morning its bitcoin holdings were worth about $47.8 billion, less than the $54.3 billion Strategy says they cost.
American Bitcoin, in which Trump’s sons Eric Trump and Donald Trump Jr. hold a stake, fell 6.6 percent and is now down more than 80 percent since Oct. 7.
Other Trump-related crypto ventures have declined as well. The market value for the World Liberty Financial token, or $WLFI, has fallen to about $3.25 billion from above $6 billion in mid-September, according to coinmarketcap.com. And the price of a meme coin named for President Donald Trump, $TRUMP, is $3.93, a fraction of the $45 asking price just before his inauguration in January.