Bitcoin Price Crashes Toward $61,000 as Bloodbath Engulfs Crypto Stocks

Bitcoin has plunged to roughly $61,500—more than a 50% drop from its October 2025 peak—amid a broad market sell-off that is pushing crypto-related stocks sharply lower. The rapid drawdown heightens systemic risk for the Bitcoin ecosystem, increasing volatility and raising the risk of liquidity stress for miners and crypto firms while signaling a dominant risk-off market environment.