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- Bitcoin has dropped precipitously, approaching a reduction of nearly half its value from October 2024
- The fall is causing investors to that consider whether the digital currency will ever maintain a value consistent enough to make it worthwhile
- Prediction markets are speculating on Bitcoin’s value going forward and when BTC will hit its deepest valley in 2026
Bitcoin and other digital currencies were once viewed as a side-show with little protection for investors if it disappeared into the wind. But cryptocurrencies have showcased impressive staying power, becoming so entwined in the economy that its collapse would not just roil the global markets, but might destroy them completely.
Still, the primary crypto-concern is that people are not using it as a currency even though many retailers are accepting it as payment. It is now comparable to a stock or commodity to hold onto. With fluctuating value, this is leading many to reconsider as to how functional it will be and how people will use it.
Even those who avoid Bitcoin can invest in its price through prediction markets, deciding whether they think it will rise or fall and by how much.
Trade on BTC Lowest Price in 2026
Bitcoin has dropped below $67,000. This is in stark comparison to its apex in October 2025, when it was priced at $126,000. Just this week, it has decreased in value by 20%. But how much of that is due to investors bailing out completely vs. those who are simply stepping back and reassessing how it will be used in the near and distant future?
Crypto prediction markets offering options to trade on Bitcoin outcomes, like the BTC price dropping or staying at its current value.
Currently, those assessing BTC’s value and weighing further decline or halting before it hits $65,000, are expecting it to keep falling. On prediction markets, the chances of Bitcoin falling below $65k are in the mid-90s percentage-wise. Markets are showing slightly less concern about BTC going below $60K with the percentage hovering in the mid-80s.
There are no available options lower than that, signifying that markets don’t currently foresee the price dropping like a meteor.
For anyone interested in trading on price thresholds for Bitcoin and other cryptocurrencies, there is a Kalshi promo code that will unlock a $10 Sign Up Bonus after completing $100 in trades.
Will Bitcoin Rebound or Keep Falling?
It’s important to remember that some predictions, such as Bitcoin dropping to below $80K, might have been scoffed at by hard-core advocates. Nevertheless, it eventually happened.
The risk of Bitcoin collapsing completely is nearly non-existent, given its presence in so many investment portfolios. No politician, whether Republican, Democrat, or Socialist, would let it happen.
Economic uncertainty abounds not just with Bitcoin, but in general. President Trump wants to have a strong economy to run on as the midterms approach, and he’s already dealing with domestic challenges like the ongoing protests of ICE raids and the release of the Epstein files. Add in the general unhappiness, even among those who might have voted for Trump three times, and it could lead to a Democratic whitewash in November.
The last thing the president needs is a growing financial crisis related to Bitcoin. His nomination of Kevin Warsh to take over as Chairman of the Federal Reserve adds another variable to the mix. It’s still unknown as to when current Fed Chief Jerome Powell will leave, though Trump has made clear he wants that to happen as soon as possible if not sooner. Warsh shares Trump’s perspective that the Fed has not been aggressive enough, nor has it updated its policies for the current landscape. Presumably, that would include Bitcoin and other digital currencies.
Regarding Bitcoin itself, it has long been a subject of controversy. Its initial rollout presented more questions than answers. BTC seemed to be a made-up, Silicon Valley scheme that would eventually disappear amid lawsuits and scorned investors facing financial ruin.
It’s had staying power, and even those who were initially skeptical like Steve Cohen, owner of the Mets, has jumped in. Serious investors are not going to walk away from it, particularly since Bitcoin has previously fallen, leading to moderate panic, before rising again.
Even Trump, who sees financial matters in more concrete terms (literally and figuratively given his past as a developer) has become a believer in part because people he trusts tout Bitcoin.
Skittish investors and concerns about exactly how it will be used in the future — as an investment vehicle to hold onto, something with which to make purchases, or both — should not lead to a further decline in its value past $60K.
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