Bitcoin price fell $40,000 from all-time high: Why new whale panic is behind the 32% crypto crash and what's BTC USD year-end target

Bitcoin price (BTC USD) crash reason 2025: Bitcoin experienced a sharp $40,000 decline from its October peak, with new large investors who bought near the all-time high blamed for the selloff. These "new whales" panic-sold, pushing Bitcoin down 32% to around $84,000. However, selling pressure has eased, and long-term holders remained steady, suggesting a potential floor for the cryptocurrency.