“Right now, we are just below $100,000 per Bitcoin,” said Jeff LaBerge, Head of Capital Markets and Strategic Initiatives at Bitdeer. “I think the term ‘crash’ is somewhat exaggerated.”

LaBerge noted that despite a recent 10–12% drop, Bitcoin remains in the $90,000–$110,000 range, which is significantly higher than in previous months. According to him, the market is still digesting the implications of the peak rate announcement, as well as the impact of the new administration and changes in tariff policies.

“Bitcoin is often seen as a risk indicator for the entire market,” LaBerge emphasized. “It trades 24/7, so it can act as a safe-haven asset, but at the same time, it also serves as a tool for speculative moves.”

In LaBerge’s view, current price levels indicate a pause before the next significant move. “Earlier this year, Bitcoin was repriced,” he said. “We quickly moved from the $60,000–$70,000 range to the $90,000–$110,000 range.”

Despite volatility, LaBerge remains confident in Bitcoin’s long-term growth. “I believe Bitcoin still has enormous potential that has yet to be fully realized,” he added.