Bitcoin 39% Below Peak, Meme Coins Down Up to 99%, but S&P 500 Near Record
Bitcoin (BTC) sits 39% under its high and meme cash up to 99% under theirs. The S&P 500, nevertheless, trails its report by solely 3%.
Losses deepen at every step towards extra speculative property. That leaves crypto holders with a far deeper drawdown than any main US inventory index.
How Deep Do Meme Coin Losses Run Beyond Bitcoin?
Charlie Bilello, chief market strategist at wealth supervisor Creative Planning, ranks 19 property and benchmarks by distance from all-time highs.
Ethereum (ETH) sits 55% under its report. The subsequent rung, Dogecoin (DOGE), is 90% under, a 35-point hole that’s the widest between neighboring entries.
Fartcoin (FARTCOIN), a meme coin on the Solana blockchain, trails its high by 95%.
The Official Trump (TRUMP) and Official Melania (MELANIA) meme cash launched round President Donald Trump’s January 2025 inauguration. They path by 98% and 99%.
Meanwhile, the crew behind TRUMP has scheduled a gala dinner for holders with the president on November 22.
How Far Do US Stock Indexes Sit From Their Records?
The S&P 500 closed Friday about 3% under its October 6 record. In distinction, the Nasdaq Composite completed about 8% under its personal high. The Dow Jones Industrial Average sat about 4% under its August peak.
Even the Nasdaq’s hole is a couple of fifth of Bitcoin’s. Among shares, Netflix (NFLX) has the deepest drawdown at 54%, whereas Tesla (TSLA) trails by 20% and Apple by 2%.
The S&P 500’s proximity to its report has not prolonged to crypto. Google searches for Bitcoin had hit a six-year low by mid-October.
Bitcoin peaked on October 6, 2025, and the S&P 500 peaked a 12 months later to the day. Drawdowns due to this fact say little about latest momentum. Still, the restoration arithmetic is lopsided, since a 39% drawdown wants a 64% acquire and a 90% drawdown wants 900%.
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