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BlackRock says Bitcoin's 50% drop since 2025 peak doesn't change its long-term investment case

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19 Aug 2026, 07:40 WIB
Crypto news
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BlackRock says Bitcoin's 50% drop since 2025 peak doesn't change its long-term investment case

BlackRock reported that despite Bitcoin's drop of over 50% from its October 2025 record high to below $60,000 in June 2026, the asset manager's long-term investment thesis remains intact. The decline was attributed to excessive leverage, weaker institutional flows, and reduced buying by digital asset treasury companies, rather than a fundamental change in Bitcoin's monetary or diversification qualities. BlackRock's analysis suggests a small 1-2% Bitcoin allocation can improve portfolio risk-adjusted returns, though it warns Bitcoin remains volatile and speculative. Future market direction depends on ETF flows, futures positioning, and treasury sales.

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