From Record-Breaking Highs to a Sudden Slump
After months of record-breaking performance, the bitcoin cours has entered a sharp correction. According to BFMTV, bitcoin fell below the symbolic threshold of $90,000 this Tuesday, marking a significant reversal from its all-time high of over $126,000 recorded in early October. The cours bitcoin has lost nearly one-fourth of its value in just a few weeks, leaving traders and investors wondering what triggered this dramatic shift.
Just last month, the world’s largest cryptocurrency was thriving. The bitcoin price surged to new records following investor optimism tied to the U.S. Federal Reserve’s potential rate cuts. Lower interest rates often make traditional assets less appealing and encourage risk-taking in markets such as cryptocurrencies. However, in a sudden turn of events, a series of political and financial developments reversed that momentum.
How a Mini Crash Shook the Market
The turning point came on October 10 when statements from former U.S. President Donald Trump reignited fears of a new trade war with China. That political tension immediately pushed investors toward safer assets, triggering a chain reaction in the bitcoin market.
Many traders had used leverage, borrowing money to bet on rising prices. When the bitcoin cours began to drop, those leveraged positions were automatically closed by trading platforms to prevent further losses. This wave of forced liquidations accelerated the sell-off, deepening the fall.
Analysts estimate that more than $20 billion in bitcoin value was erased during this so-called “mini crash.” According to Rachael Lucas from BTC Markets, this liquidation event significantly weakened confidence and reduced investor appetite for risky assets, keeping pressure on the bitcoin price.
Investors Lose Confidence as the Bitcoin Cours Keeps Falling
Even weeks later, the cours bitcoin continues to slide. Analysts point to several factors contributing to the ongoing decline. A general sense of unease has spread across global markets, fueled by delayed economic data from the United States following recent budget disruptions. Without clear information about the economy’s health, investors are growing more cautious.
Simon Peters, a crypto analyst at eToro, believes one of the key reasons for the current bitcoin fall is the market’s fading confidence in the possibility of Federal Reserve rate cuts in December. If interest rates remain high, the U.S. dollar stays attractive to investors, drawing capital away from riskier assets like cryptocurrencies. That scenario creates a challenging environment for the bitcoin market, which depends heavily on liquidity and speculative trading activity.
The Broader Market Effect
The latest bitcoin crash has not been isolated. Other major cryptocurrencies such as Ethereum, Solana, and Avalanche have also lost significant ground in recent weeks. This overall decline reflects a more cautious approach among both institutional and retail investors. Concerns about a potential “AI bubble” and broader financial instability are making traders more selective about where they put their money.
According to John Plassard, head of investment strategy at Cité Gestion Private Bank, the current bitcoin cours decline also reflects long-term skepticism from individual investors. After several high-profile collapses, including the FTX scandal in 2022, retail investors remain wary of the crypto market’s volatility.
Thomas Probst, analyst at Kaiko, agrees that volatility remains a major barrier to wider adoption of cryptocurrencies at both the individual and institutional levels. However, he also emphasizes that the bitcoin market has shown resilience in the past, recovering from multiple shocks over the years.
Is There Hope Ahead for Bitcoin?
Despite the downturn, experts suggest that this correction could serve as a natural phase of market consolidation. Historically, bitcoin has endured several major corrections only to rebound stronger in the following months. Analysts point to the continued institutional interest and regulatory developments as positive signs for the long-term future of digital assets.
In the United States, Trump’s administration remains supportive of cryptocurrencies, having recently backed pro-crypto legislation such as the GENIUS Act. Meanwhile, the European Union has already implemented the MiCA framework, providing a clearer regulatory path for the bitcoin market and related digital assets.
These steps may provide the foundation for renewed investor confidence once market volatility stabilizes.
Conclusion: A Test of Resilience for Bitcoin
The recent bitcoin crash serves as a reminder of the market’s unpredictable nature. From breaking records at $126,000 to dropping below $90,000, the bitcoin cours has once again demonstrated its volatility. While uncertainty persists in the short term, history suggests that Bitcoin has the resilience to weather these storms.
Investors and traders are now watching closely to see whether this is just another temporary correction or the start of a longer bear cycle for the world’s most famous cryptocurrency.
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