The Bitcoin sign in Times Square in New York, Tuesday, December 9, 2025.
Michael Nagle | Bloomberg | Getty Images
Bitcoin It neared the $72,000 mark on Wednesday, marking the second day of a massive retreat this week.
The world’s oldest cryptocurrency fell to $72,096.20, down more than 5% in one day. It last traded at $72,958.38, down about 4% on the day. Bitcoin is currently down more than 40% from its all-time high of $126,000 last October.
Yesterday’s Bitcoin, according to Coin Metrics
Bitcoin fell below the $73,000 mark for the first time on Tuesday, hitting its lowest price in nearly 16 months and approaching its pre-election value. Experts say $70,000 is the entry level for viewing According to Citi in a note to clients on Tuesday, the decline in the digital asset will deepen.
The value of the token is bleeding as a result of several geopolitical and economic challenges, among other headwinds.
Chief among these is the recent rotation of investors away from riskier assets due to heightened tensions between the US and Europe over the US president. Donald TrumpThe Greenland Gambit and recently concluded partial government shutdown this delayed the release of some important economic data. Also, a change in US monetary policy is expected after Trump’s nomination of Kevin Warsh At the end of last month, the chairman of the Fed as well as slowing efforts to create crypto-friendly regulatory and legislative enclosures in the US
According to a recent analyst note from Deutsche Bank, large institutional outflows fueled by anticipation of a deeper Bitcoin correction have reduced the token’s liquidity and weighed on its price.
Analysts note that bitcoin exchange spot funds have seen significant outflows since last October’s series of liquidations of positions in the highly leveraged digital asset. Funds totaled more than $3 billion in January, nearly $2 billion last December, and nearly $7 billion last November.
Bitcoin’s pullback has affected several cryptocurrency stocks. strategy, bitcoin treasury firm also fell 5% on the day, while digital asset mining like Riot Platforms and MARA Holdings fell almost 11%.