Amid the ongoing Bitcoin (BTC) bull run, the asset has achieved a notable milestone where over a year has passed without it being declared “dead” by major media outlets or financial commentators.
Data from the Bitcoin Obituaries tracker, which records each instance where the cryptocurrency is pronounced worthless or doomed, shows the most recent entry was on April 17, 2024, when an X post claimed ‘BTC Headed to the End Game.’ At the time, Bitcoin’s price hovered around $60,996.
Earlier, on February 22, the European Central Bank published ‘Bitcoin Has Failed’ when BTC was valued at $51,304.97. In December 2023, Forbes predicted ‘BlackRock Will Completely Destroy Bitcoin’ at a price of $42,520, while in April 2023, claims that ‘Crypto Is Dead In America’ emerged when Bitcoin traded at $27,817.50.
The tracker now counts 477 “deaths” since Bitcoin’s inception. Meanwhile, data retrieved by Finbold from Bitcoin Is Dead shows that as of August 12, if investors had put $100 into Bitcoin each time such a “death” was announced, their holdings would now be worth over $123.47 million.
Why Bitcoin has recorded low ‘deaths’
The prolonged absence of new “death” pronouncements reflects a shift in sentiment driven by multiple factors. For instance, institutional adoption has been a key player, particularly after the Securities Exchange Commission (SEC) approved spot Bitcoin exchange-traded (ETF) products in March 2024.
This move spurred billions in inflows from major asset managers such as BlackRock, driving prices to record highs near $73,800 and strengthening Bitcoin’s legitimacy in traditional finance.
Corporate treasuries have also played a role, with companies continuing to accumulate significant Bitcoin holdings.
At the same time, the cryptocurrency’s price behavior has shown periods of reduced volatility compared to earlier boom-and-bust cycles, further calming investor fears.
For much of 2025, Bitcoin has maintained its price above $110,000, trading at $118,890 as of press time, with the $120,000 target still in play.
Beyond the data, Bitcoin’s cultural narrative has matured; its repeated recoveries from past crashes have made critics more hesitant to declare its demise yet again.
Featured image via Shutterstock