Opinion: Bitcoin's drop of over 30% from its all-time high is normal volatility; it had previously experienced a drop of up to 55%.

According to Odaily Planet Daily, Bitcoin's price recently fell by about 36% from its all-time high of $126,000 to below $81,000. However, data shows that this level of pullback is a common occurrence in Bitcoin's history. Currently, Bitcoin is trading at over $93,000, down about 26% from its all-time high.

Data compiled by CoinDesk Data shows that during the Bitcoin cycles of 2021 and 2017, there were several instances of declines of similar or greater magnitude. Historical data indicates that corrections of this magnitude have typically been followed by a rebound to new all-time highs.

Jacob Joseph, senior research analyst at CoinDesk Data, stated that historically, this level of volatility aligns with long-term trends. In this current cycle, Bitcoin experienced a 32.7% correction between March and August 2024, and a 31.7% drop between January and April 2025.

Token Bay Capital founder Lucy Gazmararian stated that the recent price volatility is related to the largest forced liquidation in crypto history. (CNBC)