Bitcoin’s value fell sharply after reaching a record high of $126,000 in October, wiping out its 2025 gains. Despite having support from Wall Street and politicians, it struggled to rise. This year was expected to be key for Bitcoin’s legitimacy, but the recent downturn changed that.
Source: https://www.bloomberg.com/news/articles/2025-11-17/bitcoin-btc-humbles-wall-street-faithful-after-600-billion-plunge