Don't want to trade it yourself?
Our desk runs DEX portfolios on profit share.
Currencies38602
Market Cap$ 2.29T+1.02%
24h Spot Volume$ 21.14B+7.81%
DominanceBTC56.73%+0.20%ETH10.15%+0.93%
ETH Gas0.24 Gwei
MarketBitcoinBlackrock
Aug 19, 2026
< 1min read
byArslan Tabish
forCoinEdition
<img src="https://xpertsstudio.com/wp-content/uploads/2026/08/BlackRock-CEO-Endorses-<a href="https://xpertsstudio.com/trump-to-host-crypto-executives-as-sec-weighs-regulations/” title=”Trump to host crypto executives as SEC weighs regulations”>Crypto-as-Inflation-Hedge-as-BTC-Stays-Range-Bound.jpg” alt=”Bitcoin Is Down Over 50%, but BlackRock Stays Bullish Buy the Dip or Stay Cautious?” loading=”lazy”>
BlackRock says Bitcoin fell from a $124,606 October 2025 peak to $58,642 in early June 2026, a 53% peak-to-trough drop driven by heavy leverage, forced liquidations, shifting market liquidity and ETF outflows amplified by AI fund inflows. The firm still views Bitcoin as a long-term portfolio diversifier for crypto investors despite noting sharp volatility and liquidity risks that could pressure prices and adoption.
See what traders are focused on
- BlackRock links Bitcoin’s 53% crash to heavy deleveraging, not a change in its thesis.
- Bitcoin ETF outflows and AI fund inflows added selling pressure after the October peak.
- BlackRock still views Bitcoin as a diversifier, while sharp volatility remains a risk.
Bitcoin price fell more than 50% from its October 2025 record, but BlackRock maintains that the pullback has not altered its long-term investment case. The firm attributes the decline to heavy leverage, forced liquidations, weaker fund flows, and shifting market liquidity.
BTC reached $124,606 after a roughly 690% rise from its late-2022 low. It then dropped to $58,642 in early June 2026, marking a 53% peak-to-trough decline. BlackRock calls the move a positioning correction rather than a change in Bitcoin’s investment thesis.
Heavy Leverage Set Up the Bitcoin Crash
Source: cryptorank.io