GoKawiilExplainer: Bitcoin's volatile run from $100,000 high to sub-$65,000 slump
A glossary-style explainer traces Bitcoin's price swings, noting it passed $100,000 in December 2024, reached $120,000 in July 2025 amid US regulatory debate, hit roughly $126,000 in October 2025, then fell below $65,000 in early February 2026. The piece also notes Donald Trump's shift from calling Bitcoin a 'scam' to pledging to make the US the 'crypto capital of the world', and reiterates that Bitcoin's creator, known as Satoshi Nakamoto, remains unidentified.
GoKawiil's interpretation of the reporting above, not reported fact.
The scale of these swings illustrates how sensitive Bitcoin remains to political signals and institutional investment flows, which could keep fuelling debate over whether cryptocurrency can function as a stable store of value. Trump's changed rhetoric suggests government attitudes toward crypto regulation may increasingly shape market sentiment, though any direct causation isn't established here.
- Bitcoin surged from $100,000 in Dec 2024 to an October 2025 peak near $126,000.
- Its price then fell below $65,000 by early February 2026, erasing gains made under Trump.
- Trump has reversed his earlier 'scam' comments, now pledging to make the US a crypto hub.
Source: bbc.co.uk — Watch Our Pick Of Standout Clips Across The Bbc, 2026-10-30
Published there as: “From Bitcoin to Binance: Crypto terms and what they mean”
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