Odaily Planet Daily News: The price of Bitcoin has recently dropped about 36% from its all-time high of $126,000 to below $81,000, but data shows that such a magnitude of correction is a routine phenomenon in Bitcoin’s history. Currently, Bitcoin is trading above $93,000, down about 26% from its all-time high. Data compiled by CoinDesk Data shows that in the Bitcoin cycles of 2021 and 2017, there were several declines of the same or even greater magnitude. Historical data indicates that after such corrections, Bitcoin usually rebounds to a new all-time high. Jacob Joseph, Senior Research Analyst at CoinDesk Data, said that from previous cycles, this level of volatility is consistent with the long-term trend. In the current cycle, Bitcoin has already experienced a 32.7% correction from March to August 2024, and a 31.7% drop from January to April 2025. Lucy Gazmararian, founder of Token Bay Capital, said that the recent price volatility is related to the largest forced liquidation events in crypto history. (CNBC