Bitcoin Index Price Plummets by 2.14% to $107493.61: An Analysis by CoinDesk

Bitcoin NewsBitcoin Index Price Plummets by 2.14% to $107493.61: An Analysis by CoinDesk

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CoinDesk’s Bitcoin Price Index has reported a drop of $2347.19, marking a 2.14% decrease and settling at $107493.61. This significant fall ends a two-day streak of wins for the leading cryptocurrency.

Despite this setback, Bitcoin has shown an increase of 0.57% over the week, marking its best weekly performance since the week ending June 27, 2025, when it experienced a 3.40% hike. The year-to-date performance remains positive with a 15.07% increase.

However, Bitcoin’s current index price is 4.01% lower than its all-time intraday high of $111986.44, which was recorded on May 22, 2025. Comparing the current rate with the same day 52 weeks ago, the cryptocurrency has surged by an impressive 90.39% from $56458.26.

Though Bitcoin fell by 4.01% from its 52-week intraday high, it has still risen by a whopping 117.59% from its 52-week intraday low of $49314.04 on August 5, 2024. The lowest trading point for the day was $107304.19, marking a 2.31% decrease — the most substantial intraday percentage decline since June 22, 2025, when it fell by as much as 3.47%.

Note: The CoinDesk Bitcoin Price Index (XBX) data is compiled as of 4 p.m. ET close by Dow Jones Market Data.

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