“Market drawdown pushes bitcoin below 2025 key cost basis levels.”, — write: www.coindesk.com
Having fallen below $90,000 early on Tuesday, bitcoin is now 43 days into its correction, placing it on a similar drawdown to the April 2025 correction when the price fell from $109,000 to $76,000. However, that April correction lasted 80 days, roughly twice as long as the current one.
As a result of the selloff, bitcoin has dropped below the 2025 realized price at $103,227, on average the 2025 buyer is at a 13% loss. The realized price is the average cost at which coins were acquired, and this break signals that the average buyer in 2025 is now sitting on a loss.
A similar dynamic occurred earlier this year when bitcoin fell to $76,000 during the tariff tantrum. The realized price was $70,000 at the time, so the spot never fell below it, according to Glassnode data.
Glassnode data shows that historically, bitcoin often dips below the realized price of the year and these periods have tended to offer good entry points. Since the 2023 cycle began, bitcoin has mostly treated each year’s realized price as support, with brief moves below it in March 2023 during the Silicon Valley Bank collapse and in August 2024 during the Yen carry trade episode.
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence’s Token Security API averaged 717 million monthly calls year-to-date in 2025, with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch, the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B, while derivatives volume peaked the same month at over $4B.
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Bitcoin hovered near $91,000 as sentiment hit “extreme fear,” volatility jumped and leveraged traders absorbed over $1 billion in liquidations while altcoins fell further.
- The Fear & Greed Index hit 15/100 — its lowest since April — raising the possibility of a relief bounce, although the bitcoin price may still retest $87,500 support.
- Over $1 billion in leveraged futures positions were wiped out, implied volatility hit a six-week high and options flow showed strengthening put bias.
- Privacy tokens led Tuesday’s sell-off with double-digit drops, while a few derivatives-exchange tokens bucked the trend amid broad market weakness.
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