Bitcoin Is at $69,350 Today. Down from $100,000 Last Year. Here Is What Is Going On.

Bitcoin price today: $69,350.73
24-hour trading volume: $22.83 billion
Change from last year: Down significantly from the $100,000+ peak of late 2025

Bitcoin had a rough May 2026. Institutional investors — the big funds and ETF managers who moved into crypto in a big way after the US approved spot Bitcoin ETFs in 2024 — pulled out $2.3 billion in net outflows during the month. That is the largest monthly withdrawal of 2026 and roughly 10 times bigger than February's outflows.

When the big money moves out, the price follows.

Bitcoin peaked above $100,000 in late 2025, driven by ETF inflows, corporate buying and the generally positive mood around crypto regulation in the United States. That wave has pulled back. At $69,350 today, Bitcoin is still significantly higher than it was two years ago — but a long way from where it was just six months back.

The technical picture is mixed. Bitcoin has been moving in a rising channel since February but tried to break upward in May and failed. It has since fallen below key moving averages — a bearish sign for traders.

For people who bought Bitcoin at $100,000 last year, this is a painful period. For people who have been waiting to buy — this represents a discount of roughly 30% from the peak.

In Nepal, Bitcoin is increasingly discussed among young investors, though it remains largely inaccessible through official channels. Most Nepali crypto interest flows through international exchanges.

Whether Bitcoin recovers above $80,000 this year depends heavily on whether institutional buyers return and whether US economic conditions improve. Nobody knows the answer. Anyone who tells you they do is guessing.