Bitcoin's price has dropped approximately 36% from its all-time high of $126,000 to below $81,000, a move consistent with historical volatility patterns. Currently trading above $93,000, Bitcoin remains about 26% below its peak. Historical data from CoinDesk indicates that similar declines occurred in previous cycles, such as in 2021 and 2017, often followed by rebounds to new highs. Jacob Joseph, a senior research analyst at CoinDesk Data, emphasized that such volatility is typical of Bitcoin's long-term trends. Notably, Bitcoin experienced a 32.7% pullback from March to August 2024 and a 31.7% decline from January to April 2025. Lucy Gazmararian, founder of Token Bay Capital, attributed recent price fluctuations to a significant forced liquidation event in the crypto market.