Bitcoin is heading for its worst year since 2018.

Notable Developments in Bitcoin

Bitcoin price approaches $90,000, providing short-term support to the cryptocurrency market. However, analysts indicate that this rise does not signal a significant recovery.

The total market capitalization of the cryptocurrency market has exceeded $3 trillion. Nonetheless, experts say that this renewed rise is due to exhaustion, not renewed confidence, and is merely a short rebound.

Bitcoin is still approximately %30 below its peak in 2025. The market remains vulnerable to sudden reversals, particularly during trading hours in the United States.