Bitcoin slides as markets cool and gold climbs
Bitcoin has fallen roughly 44% from its October peak, dropping under $63,000 for the first time in 16 months, as crypto markets remain volatile and investors swing to risk-off assets; the piece notes the decline isn’t unprecedented and that gold has rallied while Bitcoin ETF adoption and institutional interest lag, suggesting this could be a crypto winter rather than a lasting trend—history shows BTC has bounced back from prior crashes within about 1.5 years.