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CryptoMedium•25 February 2026•

1 min read

Bitcoin Enters Bear Market Despite Growing Wall Street Adoption

Key Facts

1Bitcoin is trading at $64,492 as of February 2026.

2Bitcoin price has dropped nearly 50% from its early October all-time high.

3Institutional adoption across Wall Street continues to expand despite the price decline.

Bitcoin is currently trading at $64,492 as of February 2026, marking a significant shift in market dynamics. The leading cryptocurrency has experienced a sharp decline, losing nearly 50% of its value since reaching an all-time high in early October. This substantial drawdown confirms that Bitcoin has entered a formal bear market phase, impacting related instruments like MSTR and COIN. However, the price correction stands in stark contrast to the ongoing trend of institutional integration across major financial firms. Wall Street institutions continue to expand their adoption of Bitcoin despite the prevailing market volatility. Analysts suggest that while the short-term outlook remains bearish, this institutional backing provides a critical fundamental floor for the asset.

Sources:

beincrypto.com