Bitcoin dropped below $65,000 at the weekend and then stabilized on Monday, as traders increased their wagers in the Polymarket prediction market that Bitcoin’s decline would continue.
Bitcoins (BTCThe’settle below $55,000 climbed Polymarket: 72% of the $1.2 million volume.
The odds for these bets are 61% and 50%, respectively, while the trading volumes, $170,000 and $1.4m, is also bearish.
Bitcoin fell briefly below $65,000 Sunday, before recovering and reaching around $65,900 as of the writing. according TradingView is a source of data.
Bitcoin’s market cap also slid to roughly $1.31 trillion, dropping behind the Vanguard S&P 500 ETF (VOO) and falling to 15th globally amid the ongoing crypto market rout, according 8marketcap.
Bitcoin’s Market Cap is Down 25% Year-on-Year
Bitcoin’s market cap has declined by approximately $440 billion in the past year. This is about one-quarter of its original value. The price dropped from $90,000 to around $84,000.
Crypto market cap fell by $760 Billion, 24.5%. according to CoinGecko data.
BTC, which is currently valued at $65,900 has seen a gain of roughly 22 percent over the last five years. This volatility shows the asset and raises questions regarding its use as a hedge against inflation.
Some people think that $55,000 is the maximum amount. “ultimate market bottom”
The expectations of traders that Bitcoin may drop under $55,000 are in line with those expressed by analysts, major institutions and market platforms.
Standard Chartered analysts at Standard Chartered’s project BTC could fall to $50,000 CryptoQuant estimates that $55,000 could be the threshold for a possible recovery towards $100,000. “ultimate market bottom.”
CryptoQuant announced on Monday that Tether USDt is (USDTThe market was experiencing extreme liquidity strain, similar to the bottom of 2022.
CryptoQuant reported on Saturday that the stablecoin flows show a declining marginal purchasing power. The net USDT exchange inflows have fallen sharply, from an all-time high of 616 million USDTs in November 2025 down to only $27 million.
Related: Binance holds 65% of CEX stablecoin reserves as outflows cool
“This contraction indicates reduced liquidity ready to be deployed into crypto markets,” In a Cointelegraph report, the company stated that it had received a new product.
Analysts have highlighted Bitcoin’s potential long-term worth despite the bearish outlook. Advocate Pierre Rochard described It is the “most undervalued asset in the world” Post on X Sunday.
In a Coinbase poll, about 70% institutional investors were found to be involved. view Bitcoin as undervalued When priced between $85,000 to $95,000, it continues to underperform precious metals or stocks.
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Source: cointelegraph.com
