Bitcoin's Price Plunge: A Shift Towards More Reliable Cryptocurrencies

Bitcoin's price crash has left many wondering what went wrong for the once-dominant cryptocurrency. At one point, it reached a record high of $126,272 in October 2025, but since then, it has plummeted by over 40%. The price drop from $90,000 to just over $67,000 is a clear indication that something fundamental has changed.

The key to understanding this shift lies in the growing popularity of stablecoins. These digital coins are tied to real-world currencies and offer stability, which is essential for everyday transactions. Unlike Bitcoin, stablecoins do not experience wild price fluctuations, making them more appealing to investors looking for practical uses.

Experts point out that institutions like banks and funds have started buying into cryptocurrencies, but this hasn't been enough to prevent the decline of Bitcoin's dominance. The real issue lies in the fact that Bitcoin is no longer seen as a reliable store of value due to its volatility. Stablecoins, on the other hand, are gaining traction as people seek more stable options for digital payments.