In 2025, bitcoin showed how spectacularly wrong price forecasts can be
Yahoo Finance·2025-12-30 12:00

2025 is drawing to an end with few crypto market stories more dramatic than the Oct. 10 “flash crash," when bitcoin (BTC) plunged 12,000,ornearly1012,000, or nearly 10%, in minutes. The meltdown triggered more than 19 billion in liquidations in just 24 hours, followed by a trader-circulated “cascade warning” and a staggering 500billionwipedfromtotalcryptomarketcapitalization.Thatsetthesceneforanextendedslidethatsseenthelargestcryptocurrencydroptomorethan30500 billion wiped from total crypto market capitalization. That set the scene for an extended slide that's seen the largest cryptocurrency drop to more than 30% below the peak 126,223 value it se ...