Bitcoin, the world largest and most generally well known Crypto currency dipped this week to a 16 month low of $60,000 before slightly rallying, promoting further uncertainty in Crypto investments.
Far short of the all time high of $122,000 in October 2025. Values have fallen with growing pessimism towards the Crypto market, as investors turn towards more stable commodities like gold and silver.
However, if you’re thinking now’s a good time to buy, Stifel, a US-based investment and research firm, said in a note to investors that Bitcoin prices may drop further as low as $38,000. The firm pointed to a new trend of cryptocurrency more closely following the prices of the US Dollar.
Last week, the dollar, still being hit by Trump’s shoot from the hip decisions, dropped to its lowest point in four years, as global markets rally around their own currencies and more stable options.
