Bitcoin Price Falls. Why Crypto Volatility Is a Thing of the Past. — Barrons.com

By Elsa Ohlen and George GloverBitcoin and other cryptocurrencies fell early Thursday, with the world's largest digital coin stopping short of another all-time high after edging closer to a record over the past few days.Bitcoin traded at $107,736 Thursday morning, down 1.6% over the past 24 hours, according to CoinDesk data. It's down from an intraday high of $110,332 Wednesday, just about 1% from its record high of just below $112,000 in mid May.Among other cryptos, Ether was down 1.1%, XRP dropped 1.2% and Solana fell 4.4%, all giving up some of Wednesday's gains following softer-than-expected inflation data.The industry is stubbornly bullish, though."We're not just watching Bitcoin break records — we're seeing the end of an era. Volatility once defined crypto. Now, sustained strength points to a maturing market shaped by real-world utility, regulatory progress, and global adoption," said Roshan Robert, U.S. CEO of OKX, a company that operates a crypto exchange and wallet.Looking at history and cyclical patterns, Bitcoin should do well for about another year, then see a down year in 2026, Cantor Fitzgerald analyst Brett Knoblauch told Barron's.However, the world of crypto is evolving. "We've never had a pro-crypto administration or this level of institutional adoption," Knoblauch, who is a managing director for crypto and digital assets research at the brokerage, said."Bitcoin is now that global reserve to play against monetary debasement. I'm optimistic about where it's going... I think the broader environment is going to be quite supportive for the next five to six months."Write to Elsa Ohlen at [email protected] and George Glover at [email protected] content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.