Bitcoin’s Value Drops by 1.04%, According to CoinDesk Price Index

Bitcoin NewsBitcoin's Value Drops by 1.04%, According to CoinDesk Price Index

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The CoinDesk Bitcoin Price Index indicates a 1.04% drop in Bitcoin’s value, bringing it down to $104629.26. This is a decrease of $1104.64 from its previous value.

The current value is the lowest recorded at 4 p.m. since May 18, 2025, when Bitcoin traded at $103945.16. The cryptocurrency has been on a decline for three consecutive days, registering a 4.82% drop over this period. This marks the worst three-day stretch since April 8, 2025, when it plummeted by 7.34%.

Despite the recent downturn, Bitcoin has seen a month-to-date increase of 11.12% and a year-to-date rise of 12.01%. However, it is 6.57% down from its all-time intraday high of $111986.44 observed on May 22, 2025.

Compared to 52 weeks ago, on May 31, 2024, when Bitcoin traded at $67554.70, the digital asset is up by 54.88%. Additionally, it has surged by 95.71% from its 52-week low of $53461.36 on August 5, 2024, based on 4 p.m. levels.

Bitcoin traded as low as $103716.59 today, its lowest intraday level since May 19, 2025, when it reached $102119.19. At today’s intraday low, it was down 1.91%.

The CoinDesk Bitcoin Price Index (XBX) reflects the 4 p.m. ET close. The data is compiled by Dow Jones Market Data.

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