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Bitcoin down 32% a year after record high, milder than past crashes due to institutional flows and lower volatility

Market News
06 Oct 2026
Coindesk
View Source
Neutral
Bitcoin down 32% a year after record high, milder than past crashes due to institutional flows and lower volatility

One year after reaching a record high of over $126,000 in October 2025, Bitcoin's price has dropped just 32% to around $85,453, a much smaller decline compared to previous bear markets where drops ranged from 70% to over 80%. This milder downturn is attributed to a shift from retail-driven leverage-fueled rallies to institutional investors using ETFs and regulated vehicles, resulting in less volatility and shorter bear market duration. Analysts caution that while the market is calmer, this does not rule out potential sharper declines ahead, especially if long-term U.S. Treasury yields continue to rise, which could increase the opportunity cost of holding Bitcoin. The evolving market suggests future bull runs may be more gradual and less volatile than before.

Bitcoin price trends are the subject, with Pluang data providing market context. As of Oct 06, 2026 14:41 WIB, 14 of 50 major cryptocurrencies rose, 35 fell. Notable movers include BAL at Rp16.297 (+11.14%), SAND at Rp1.169 (-11.07%), and EOS at Rp12.649 (+8.13%).

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