21-05-2025 14:46
BTC proves resilience despite surge in ‘death’ declarations
Believe it or not, Bitcoin has been declared “dead” more often in 2025 than it was last year. Yet, the leading cryptocurrency keeps proving the skeptics wrong.
Despite reaching a new all-time high this year, Bitcoin continues to attract criticism and a growing number of crypto skeptics. Public declarations of Bitcoin’s supposed demise are on the rise.
According to data from Bitcoin Obituaries, the flagship digital asset has been declared “dead” 11 times in the first half of 2025, already surpassing the 10 death notices recorded in all of 2024.
Historically, Bitcoin has been declared dead in nearly every market cycle. The peak in pessimism came in 2017, when BTC briefly fell back from the $20,000 mark, triggering 93 obituaries in a single year. Back in 2010, when Bitcoin was still virtually unknown, just one obituary was recorded.
In total, Bitcoin has been pronounced dead 430 times since its inception. And yet, it continues to survive and even thrive.
In January 2025, Nobel Prize-winning economist Eugene Fama warned that cryptocurrencies lack inherent stability and predicted Bitcoin’s eventual collapse. He was echoed by longtime crypto critic Peter Schiff, who claimed in April, when Bitcoin hovered near $80,714, that a coming financial crisis would kill the cryptocurrency.
To date, Peter Schiff remains Bitcoin’s most vocal opponent, having issued 18 separate death predictions. He is followed by Warren Buffett, founder of Berkshire Hathaway, and Steve Hanke, the economist known for his skepticism of decentralized assets.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Published 21 May 2025
© InstaFintech Group
© InstaFintech Group
