$ESAY
Fading QuicklySnapshot Window: 2026-08-01 04:30 UTC · ← Back to Crypto Overview
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Bitcoin is down 49% from its October 2025 all time high. According to Glassnode, this is the smallest bear market drawdown in Bitcoin's history.
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AI visual note: This Glassnode chart titled "Far Shallower Than Prior Bears, And Not Yet As Long" compares Bitcoin's price drawdowns across four cycles (2014-15, 2018-19, 2022-23, and the current cycle), showing that the current cycle is only down 48% from its all-time high—visibly the smallest drawdown compared to previous bear markets which reached approximately -80% before bottoming out.