Bitcoin is down about 7% in 2025, hitting a low of $87,000 after reaching $126,000 in October. Despite institutional adoption and regulation, prices remain unstable. Strategy Inc. buying hasn’t helped stabilize prices either. Bitcoin’s decline is complicating despite positive factors.

Bitcoin’s fall from a record high in October has left markets directionless. Trading volumes are thin, possibly due to perceived risk. Concerns over AI overvaluation and profit-booking have pressured the tech and crypto sectors. Bitcoin may trade in a range of $70,000 to $100,000 for an extended period.

Mid-term elections in the US are set for Nov. 3, 2026. Trump’s approval rating for economic policies has dropped to 31%. This may affect crypto-friendly policies. Bitcoin is often compared to digital gold, with potential for a price exceeding $500,000. ETFs like IBIT, FBTC, and GBTC are in focus amid Bitcoin’s uncertainty.

Read more at NASDAQ MarketSite: Bitcoin Heads for Fourth Annual Loss: What ETFs May Face in 2026