Bitcoin may have already reached its bear-market bottom or could face one final decline before recovering, according to Samir Kerbage, Hashdex’s chief investment officer. The asset traded near $69,000 on Friday, about 17% above its June low of $59,000, after falling roughly 53% from its October 2025 peak of approximately $126,000. Annualized volatility has declined, from around 80% during the first two cycles to 44% during the current cycle. Growing stablecoin adoption and tokenization also indicate that the crypto market continues to expand despite the downturn. Returns between successive cycle peaks have moderated as well, falling from 1,598% to 250% and then to 85%.
Source: Read the original article


