Why bitcoin is down 'just' 32% a year after its record high of $126,000
Published . Updated .
This shallower decline isn’t limited to the one-year anniversary. The bear market itself has been milder with past downturns seeing prices plummet 77% to 85%.
Directly affected
- No company is named in this report.
Indirectly affected
- IBIT iShares Bitcoin Trust
This price moves with the crypto market
- COIN Coinbase
The crypto exchange moves with trading volumes
- MSTR Strategy
This company's value is tied to its bitcoin holdings
- MARA MARA Holdings
Bitcoin miners move with the bitcoin price
- RIOT Riot Platforms
Bitcoin miners move with the bitcoin price
- HOOD Robinhood
Retail trading apps move with crypto volumes
- LDRH ISHARES IBONDS 1-5 YEAR HIGH YIELD AND INCOME LADDER ETF
GA selected LDRH as a RELATED security because its canonical security name directly matches this event's themes: high, year. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- BITB BITWISE BITCOIN ETF TR
GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- BITU PROSHARES ULTRA BITCOIN ETF
GA selected BITU as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- BITX 2X BITCOIN STRATEGY ETF
GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
Price reaction, T-5 to T+3
This shallower decline isn’t limited to the one-year anniversary. The bear market itself has been milder with past downturns seeing prices plummet 77% to 85%.
Source: CoinDesk
Price since this story was published: Ishares Ibonds 1-5 Year High Yield And Income Ladder Etf (LDRH)
Since the first closing price after “Why bitcoin is down 'just' 32% a year after its record high of $126,000,” Ishares Ibonds 1-5 Year High Yield And Income Ladder Etf (LDRH) is -0.21%. The S&P 500 fund (SPY) is -1.36% over the same days, a +1.15% difference versus the market.
Who gains and who loses around Ishares Ibonds 1-5 Year High Yield And Income Ladder Etf (LDRH)
Companies mentioned with this story
- LDRH Ishares Ibonds 1-5 Year High Yield And Income Ladder Etf
Ishares Ibonds 1-5 Year High Yield And Income Ladder Etf (LDRH) is linked, with no stored direction, medium confidence in the 6 Oct 2026 story “Why bitcoin is down 'just' 32% a year after its record high of $126,000.” Reason on file: GA selected LDRH as a RELATED security because its canonical security name directly matches this event's themes: high, year. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BITB Bitwise Bitcoin ETF
In “Why bitcoin is down 'just' 32% a year after its record high of $126,000,” Bitwise Bitcoin ETF (BITB) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BITU Proshares Ultra Bitcoin Etf
Proshares Ultra Bitcoin Etf (BITU) is linked, with no stored direction, medium confidence in the 6 Oct 2026 story “Why bitcoin is down 'just' 32% a year after its record high of $126,000.” Reason on file: GA selected BITU as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BITX 2X Bitcoin Strategy Etf
2X Bitcoin Strategy Etf (BITX) is linked, with no stored direction, medium confidence in the 6 Oct 2026 story “Why bitcoin is down 'just' 32% a year after its record high of $126,000.” Reason on file: GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- GBTC Grayscale Bitcoin Trust ETF
In “Why bitcoin is down 'just' 32% a year after its record high of $126,000,” Grayscale Bitcoin Trust ETF (GBTC) is linked, with no stored direction, medium confidence. Reason on file: GA selected GBTC as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- GOVZ Ishares 25 Year Treasury Strips Bond Etf
Ishares 25 Year Treasury Strips Bond Etf (GOVZ) is linked, with no stored direction, medium confidence in the 6 Oct 2026 story “Why bitcoin is down 'just' 32% a year after its record high of $126,000.” Reason on file: GA selected GOVZ as a RELATED security because its canonical security name directly matches this event's themes: year. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Ishares Ibonds 1-5 Year High Yield And Income Ladder Etf (LDRH)
On 6 Oct 2026, “Why bitcoin is down 'just' 32% a year after its record high of $126,000” is the story that connects Ishares Ibonds 1-5 Year High Yield And Income Ladder Etf (LDRH) to this story.
The link for Ishares Ibonds 1-5 Year High Yield And Income Ladder Etf (LDRH) is this: GA selected LDRH as a RELATED security because its canonical security name directly matches this event's themes: high, year. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Bitwise Bitcoin ETF (BITB) is here too. Its reason reads: GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Dates in the story, and the Ishares Ibonds 1-5 Year High Yield And Income Ladder Etf (LDRH) price range
BITB traded between 43.26 and 47.30 across 20 sessions. The latest close on file is 44.34. BITU traded between 13.70 and 16.49 across 20 sessions. The latest close on file is 14.38. LDRH traded between 23.84 and 24.39 across 13 sessions. The latest close on file is 23.95.
How strong the case is around Ishares Ibonds 1-5 Year High Yield And Income Ladder Etf (LDRH)
46 out of 100
“Why bitcoin is down 'just' 32% a year after its record high of $126,000” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.