Bitcoin has fallen nearly 30% from its 2025 peak as of November 19, 2025, underperforming traditional safe‑havens such as gold and bonds, which have managed to sustain relative strength in uncertain markets. The crypto’s drop comes amid concerns around regulation, institutional positioning, and the broader economic outlook. While some altcoins and presale tokens have shown momentum, Bitcoin’s slump underscores a recalibration of risk among investors.