Bitcoin Falls Below $60K After 50% Retreat from October 2025 Peak; Grayscale Outlines Two Recovery Paths

BTC0.67%
According to Grayscale's latest research report released on June 29, Bitcoin has fallen over 50% from its October 2025 peak of approximately $125,000 to below $60,000. Grayscale views the decline as a cyclical pullback within Bitcoin's longer-term uptrend rather than a trend reversal. The firm attributes recent pressure to multiple factors: shifting Federal Reserve policy expectations toward rate hikes, uncertainty around the CLARITY Act's legislative prospects, and investor concerns over leveraged asset deleveraging and quantum computing risks. Grayscale outlined two scenarios for Bitcoin's recovery: in the base case, the CLARITY Act passes the Senate, leverage improves, and the Fed pauses rate hikes, potentially marking the cycle bottom; under a pessimistic scenario, the bill fails to pass this year and continued deleveraging amid sticky inflation could push prices further down. Grayscale remains constructive on public blockchain and digital assets over the next decade.
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Surrealist5N1Kvip
· 23m ago
Thank you for your information and sharing 🌼
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