Bank of America CorpImpact on stocks 2
Bank of America Corp
Morgan StanleyBitcoin has fallen 50% from its October 2025 peak of $126,128, marking the mildest correction in its history compared to previous cycles that saw drawdowns of 77% to 93%. The decline follows the established halving pattern, with the April 2024 halving preceding the peak on schedule, and if history is a guide, the bottoming process could extend into late 2026 or early 2027 before the next halving in April 2028 potentially catalyzes another bull cycle. This cycle differs from earlier ones due to the launch of spot Bitcoin ETFs in January 2024, which now hold approximately 6% of all Bitcoin in circulation, improved regulatory clarity, and Bitcoin miners supplementing revenue with AI computing contracts during price downturns. Institutional acceptance is growing, with firms like Morgan Stanley and Bank of America suggesting up to 4% Bitcoin exposure to wealth management clients, contributing to Bitcoin increasingly behaving like a traditional investment asset. Recovery from peak to new all-time highs has historically taken two to three years, and while the current drop may be the worst of it, further declines remain possible as the asset class matures.
Bank of America Corp
Morgan Stanley