FameEX Hot Topics | Bitcoin Briefly Wipes Out 2025 Gains in Weekend Fall

Bitcoin’s sharp weekend decline has temporarily wiped out all its 2025 gains, driving the price below the $93,507 level it opened the year at, even as corporate and governmental support for crypto has grown stronger. The cryptocurrency bottomed at $93,029 on Sunday—a 25% retreat from its October peak—despite starting 2025 at $93,507 amid widespread sector optimism.

The year began with high expectations after President Donald Trump’s January 20 inauguration, forming the most cryptocurrency-friendly U.S. administration ever and fulfilling numerous pro-crypto pledges. His policies have fueled regulatory progress, accelerated corporate Bitcoin treasury strategies, and driven record inflows into spot Bitcoin ETFs, solidifying institutional participation in the market.

Yet, macroeconomic turbulence has disrupted the rally. Trump’s escalating tariff campaign and a record 43-day government shutdown—ending Thursday—sparked multiple double-digit pullbacks in Bitcoin’s price this year. Concurrently, early adopters and major whale investors have engaged in profit-taking, restraining upward potential despite favorable fundamentals. Glassnode analysts downplayed the “OG whale exodus” story last week, labeling it standard late-bull behavior with gradual distribution from long-term holders rather than panic selling.

Market observers now question whether Bitcoin’s classic four-year cycle still applies, given today’s unprecedented institutional and regulatory backing versus earlier eras. Bitwise Chief Investment Officer Matt Hougan stays bullish on 2026, pointing to the “debasement trade” thesis alongside expanding adoption of stablecoins, asset tokenization, and decentralized finance. “I think the underlying fundamentals are just so sound,” Hougan remarked last Wednesday. “I just think those are too big to keep down. So I think 2026 will be a good year.”

Disclaimer: The information provided in this section is for reference only and does not represent any investment advice or the official views of FameEX.