Five Months, Five Losses: BTC Down Double Digits Again

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The landscape around Ethereum is even worse, with the red streak going for six months.

The positive start to 2026 was quickly erased, and bitcoin began to lose value rapidly, reaching new local lows of $60,000 in early February.

Although it recovered some ground since those 15-month lows, it still ended the month in the red with a painful double-digit decline. This made it five in a row.

February Deep in Red As Well

It was almost impossible to imagine the current situation in early October. At the time, bitcoin’s price was riding high, charting fresh peaks at over $126,000, and the community was anticipating even more records during the so-called ‘Uptober.’ The reality, though, was far different and brutal.

On October 10, the cryptocurrency market experienced its worst single-day liquidation event, with more than $19 billion wrecked as prices tumbled. As many analysts claimed after that pivotal day, something in the market’s structure broke, and it was never the same.

Bitcoin started to chart frequent losses and dumped to a five-digit price territory by the end of the year. It ended 2025 in the red, making it the first post-halving year to do so. January began on the right foot, but the rejection at $98,000 resulted in another nosedive. Thus, January saw losses of just over 10%.

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