TechFlow News, April 3: According to a Cointelegraph report, Cathie Wood, founder of ARK Invest, stated in a recent interview that Bitcoin has entered a mature phase, and historically common drawdowns of 85%–95% may now be a thing of the past. She noted that even a future correction of 50% would be viewed as “major progress” within the Bitcoin community, and she believes Bitcoin has evolved from an emerging technology into a “mature monetary system and asset class.”
In previous cycles, Bitcoin fell nearly 80% from its peak of approximately $69,000 in 2021, bottoming out at $15,600. According to on-chain data platform Glassnode, the maximum drawdown in this bear market stands at roughly 52% (based on the all-time high of $126,200 on October 2025), still below the historical average.
