Bitcoin Erases 2025 Gains, Returns to January Levels

2025-11-17 20:16

Bitcoin's price fell to $93,029 over the weekend, wiping out all gains made in 2025 and returning to its January 1 level. Although it rebounded slightly to around $95,000 on Monday, the market remains volatile. Ethereum and Solana have also seen declines of 7.9% and 28.3% respectively since the beginning of the year. In contrast, Zcash (ZEC) has surged 21% in the past week, driven by significant purchases from Cypherpunk Technologies. Meanwhile, Bitwise CIO Matt Hougan suggests that the anticipated Bitcoin bull cycle might be postponed to 2026.

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