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Chart of the week: Bitcoin's wild ride

Bitcoin had a volatile 2025. Cryptocurrency concerns early in the year pushed bitcoin as low as under $75,000 in April. The subsequent rally, bolstered by the passage of the Genius Act in July, sent the world's largest cryptocurrency soaring above $126,000 in October. But rising market risks weakened some riskier investments in the latter months of 2025, which contributed to bitcoin falling below $90,000 by the end of the year. Will bitcoin have as wild a ride in 2026? Several factors could result in next year being less volatile for crypto.
Graphic shows bitcoin's price as described in the text.
Source: Fidelity.com, as of December 31, 2025. Past performance is no guarantee of future results. Dark green represents closing prices and light green represents daily high/low. Bottom of the chart represents volume.

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Past performance is no guarantee of future results.

Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money.

Investing involves risk, including risk of total loss.

Crypto as an asset class is highly volatile, can become illiquid at any time, and is for investors with a high risk tolerance. Crypto may also be more susceptible to market manipulation than securities. Crypto is not insured by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation. Investors in crypto do not benefit from the same regulatory protections applicable to registered securities.

Neither FBS nor NFS offer a direct investment in crypto nor provide trading or custody services for such assets.

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