Bitcoin Plunges 26% from January Highs as Recovery Stalls

Bitcoin has entered a significant downward trend, losing 26% of its value over the past month. The digital currency has retreated from its January peak of $97,682 and is currently trading near the $67,190 level. Despite sustained institutional buying interest, Bitcoin is struggling to regain momentum and maintain its previous highs. Notably, the asset's performance is lagging behind traditional safe-haven commodities such as gold and silver. Market participants remain cautious as the cryptocurrency fails to track the gains seen in other major asset classes. This persistent decline highlights a shift in market sentiment despite favorable liquidity conditions.