1. Why did Bitcoin fall below 63K?

Bitcoin dropped below 63,000 dollars due to weak risk appetite, profit taking after its October peak, and macroeconomic concerns like high interest rates. Heavy liquidations in leveraged trades also pushed prices lower. Market sentiment turned cautious across crypto markets.

2. Is Bitcoin down 50 percent from its all time high?

Yes, Bitcoin is nearly 50 percent below its October record high near 126,000 dollars. The correction reflects normal crypto volatility after a strong rally. Past cycles show similar deep pullbacks before recoveries.

3. Will Bitcoin recover after this crash?

Historically, Bitcoin has recovered after major corrections. Recovery depends on global liquidity, institutional inflows, and investor confidence. Many analysts still see long term growth potential despite short term weakness.

4. Is this a good time to buy Bitcoin?

Some investors see price drops as buying opportunities during market fear. Others prefer to wait for strong support confirmation. The right decision depends on risk tolerance and long term goals.

5. What support level is important for Bitcoin now?

The 60,000 dollar level is seen as a key support zone. If Bitcoin breaks below it, analysts expect further downside pressure. A move above 70,000 dollars could improve short term sentiment.

US Stocks

Bitcoin Falls Below $63K, Down 50% from October Record High

ByRubaisha February 24, 2026February 24, 2026

Bitcoin has slipped below the key level of 63,000 dollars, marking a sharp fall of nearly 50 percent from its October record high. The drop has shaken short term traders and raised fresh questions among long term investors.