In 2025, bitcoin showed how spectacularly wrong price forecasts can be

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, 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 $500 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 ...