Bitcoin Price Slips. Why the Crypto Is Stalling Below Its Record High. — Barrons.com

By George GloverBitcoin price was sliding on Monday, with investors zeroing in on stocks, rather than cryptocurrencies, as their go-to risk-on assets.The world's largest token was down 0.2% over the past 24 hours, according to data from CoinDesk. It's now about 4% off the record it hit last month.The S&P 500 and Nasdaq Composite both marked all-time highs of their own on Friday, but Bitcoin appears not to be benefiting much from the rally.The token has climbed 15% over the first six months of 2025 — solid enough gains, but hardly the eye-popping returns that the market has come to expect in recent years.One reason could be that interest from retail investors has dried up, with most price moves being driven by a handful of larger so-called whales, including Bitcoin treasury company MicroStrategy.Other tokens were trading mixed on Monday. Ethereum was up 0.9%, but Solana and XRP were down 0.8% and 0.4% respectively over the past 24 hours, according to data from the crypto exchange Kraken.Write to 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.