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3 Reasons Bitcoin Is Pulling Back
After turning in two straight years of triple-digit returns in 2023 and 2024, Bitcoin is on track in 2025 for its weakest performance since 2022. The world's most popular cryptocurrency is down 6% over the past 30 days, and is only up 20% for the year as I write this. So what's going on? There are three possible reasons why Bitcoin is pulling back. For much of its history, Bitcoin has been uncorrelated with any major asset class. It could zig when other assets zagged. That made Bitcoin particularly attractive to investors. In just about any market conditions, Bitcoin could offer the potential for sky-high returns. ... (full story)
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