Bitcoin has been declared ‘dead’ more times in 2025 than all of 2024

By: finbold|2025/05/14 18:00:14
0
Share
copy
Summary⚈ Despite hitting new highs in 2025, Bitcoin has already faced 11 “death” declarations, more than all of 2024.⚈ Bitcoin has faced 430 such declarations since its inception.⚈ High-profile figures like Peter Schiff, Eugene Fama, and Anatoly Yakovenko continue to dismiss Bitcoin. Despite hitting a new record high in 2025, Bitcoin (BTC) faces a sustained wave of skepticism, reflected in a growing number of ‘death’ declarations.In the first half of 2025 alone, Bitcoin has faced 11 obituary declarations, surpassing the 10 recorded throughout all of 2024, according to data retrieved by Finbold from Bitcoin Obituaries on May 14.A Bitcoin obituary is a public claim, often by critics or institutions, that Bitcoin is worthless or doomed, usually made during periods of high volatility or price surges.Historically, Bitcoin has been pronounced ‘dead’ during nearly every market cycle. This pessimism peaked in 2017, when BTC hit almost $20,000 and faced a record 93 obituaries, accounting for 21.6% of all recorded declarations. In contrast, 2010 saw just one, when the asset was still largely unknown.In total, Bitcoin has been declared dead 430 times since its inception.Bitcoin obituaries since 2010. Source: Bitcoin ObituariesBitcoin top skeptics for 2025Some of the most notable 2025 obituaries came as Bitcoin hit $104,735 on January 30. Nobel laureate Eugene Fama warned that cryptocurrencies lack stable value and predicted Bitcoin’s collapse. A few days earlier, on January 26, longtime critic Peter Schiff slammed Bitcoin’s energy-intensive proof-of-work system, arguing it lacks real backing.On February 28, Solana (SOL) co-founder Anatoly Yakovenko claimed Bitcoin has ‘no value’ and could be replaced by a global superpower, citing environmental concerns. Then on April 4, with Bitcoin trading at $83,843, Canadian billionaire Frank Giustra said the ‘digital gold’ narrative was fading. By April 10, as Bitcoin hovered at $80,714, Schiff doubled down, predicting a 2025 financial crisis would ‘kill’ the cryptocurrency.To date, Schiff remains Bitcoin’s most frequent critic, responsible for 18 obituaries. Berkshire Hathaway (NYSE: BRK.A, BRK.B) founder Warren Buffett ranks second with eight, followed by economist Steve Hanke.Bitcoin price analysis Despite the declarations, Bitcoin continues its push for a fresh all-time high above $100,000. As of press time, the asset was trading at $103,620, up nearly 1% in the last 24 hours and almost 7% over the past week.Bitcoin seven-day price chart. Source: FinboldLooking ahead, Bitcoin faces key resistance at $105,000. A breakout could fuel further gains, while a drop below the $100,000 support level may open the door to renewed losses.Featured image via ShutterstockThe post Bitcoin has been declared ‘dead’ more times in 2025 than all of 2024 appeared first on Finbold.

You may also like

Tiger Research: What AI services do cryptocurrency companies offer?

Cryptocurrency giants like Binance and Coinbase have fully launched an AI defense battle: Driven by FOMO sentiment, leading platforms are accelerating the deep integration of AI agents into core businesses such as trading, security, and payments.

The war not only drives up oil prices but also causes Circle's stock price to soar

High interest rate expectations combined with the explosive growth of stablecoin infrastructure have led to Circle's stock price doubling in five weeks against the trend: Understanding the dual game of "macro interest rate trading" and "global payment foundation" behind the surge in one article.

When agents become consumers, who will rewrite the underlying logic of internet commerce?

Thirty years ago, due to the high cost of micropayments, the internet had no choice but to adopt an advertising model. Today, the technical threshold for micropayments is nearly zero, but trust has become the most expensive luxury. Whoever can bridge this gap will dominate the next generation of int...

AI Agents in Action Summit: March 31, Hong Kong Cyberport, focusing on the deep waters of AI implementation

Tomorrow, Hong Kong Cyberport will grandly open. The "AI Agents in Action" summit gathers top experts, directly addressing the real evolution of AI Agents from conceptual celebration to productization and large-scale commercial implementation.

29 Days In, What Are America’s Options on Iran?

The key is not in ground invasion but in the combination of striking capability and governance.

Flash Crash Down 97%+ with Ongoing Unlocking, WLD Completes $65 Million Off-chain Funding: Who Is Still Buying?

In the current deep bear market environment, being able to complete multi-million dollar token trades is quite rare.

Popular coins

Latest Crypto News

Read more