Bitcoin got stuck after slumping 30% from its peak. Here's why.

The October flash crash exposed how fragile bitcoin’s rally had become. It also illustrated a fundamental change in how BTC is perceived. What to know : Bitcoin's 2025 bull run was disrupted by a flash crash, revealing the volatility and unpredictability of digital asset trading. Institutional acceptance has shifted bitcoin from a fringe asset to part of the institutional macro complex, affecting its price dynamics. Despite optimistic forecasts, bitcoin ended the year significantly below expectations, influenced by macroeconomic factors and cautious capital.(Coindesk)