Bitcoin Bear Market, But BlackRock Remains Bullish
BlackRock says Bitcoin’s 50%+ decline from its October 2025 ATH of $126,000 does not invalidate its long-term investment thesis.
Key reasons behind the decline include:
$90B+ in crypto futures open interest, with around 80% in perpetuals.
Spot Bitcoin ETF outflows increased selling pressure.
Bitcoin treasury companies, including Strategy, added to market pressure.
Capital shifted toward AI investments, weakening BTC flows.
Despite the downturn, BlackRock remains positive on Bitcoin because of its limited supply, diversification potential, and possible hedge against declining fiat purchasing power.
BlackRock says Bitcoin’s 50%+ decline from its October 2025 ATH of $126,000 does not invalidate its long-term investment thesis.
Key reasons behind the decline include:
$90B+ in crypto futures open interest, with around 80% in perpetuals.
Spot Bitcoin ETF outflows increased selling pressure.
Bitcoin treasury companies, including Strategy, added to market pressure.
Capital shifted toward AI investments, weakening BTC flows.
Despite the downturn, BlackRock remains positive on Bitcoin because of its limited supply, diversification potential, and possible hedge against declining fiat purchasing power.