We recently compiled a list of the 10 Worst Performing Altcoins in 2025. In this article, we are going to take a look at where Bitget Token (BGB) stands against the other altcoins.

The broader cryptocurrency market faces near-term downside risks. Those are sentiments echoed by analysts at JPMorgan amid growing concerns that weakening demand and slowing momentum will trigger a significant pullback. The sentiments come on the heels of flagship cryptocurrency Bitcoin, pulling back by about 10% from all-time highs.

After reaching record highs of $3.72 trillion in market cap late last year, the broader cryptocurrency market has pulled back by about 15%. According to JPMorgan analysts, the pullback signals a significant decline in investor confidence.

“The correction over the past couple of months saw both bitcoin and ethereum futures approaching backwardation. This is a negative development and indicative of demand weakness by those institutional investors that use regulated CME futures contracts to gain exposure into these two cryptocurrencies,” JPMorgan wrote in a research note.

One of the reasons fueling the weakening demand in the crypto market is the lack of short-term catalysts needed to push prices higher. JPMorgan, in a research note to investors, notes that institutional investors have been taking profits in the aftermath of cryptocurrencies rallying to record highs following the reelection of Donald Trump as the US president.

READ ALSO: 10 Fastest Growing Mutual Funds in 2025 and 11 Best Lidar Stocks to Buy According to Hedge Funds.

While there are growing expectations that the new US administration will pass positive regulations that foster the nascent industry’s growth, most are only expected in the second half of the year.

“As we argued in our recent publication, crypto initiatives by the new US administration are more likely to take place in the second half of the year. Until then, weakening demand poses downside risk to crypto markets,” stated JPMorgan.

According to JPMorgan analysts, the lack of fresh catalysts in the short term could trigger further downside pressure in the crypto markets. After Federal Reserve Chair Jerome Powell issued an inflation warning on December 18, the post-election cryptocurrency rally faded into the end of 2024. Bitcoin saw even more severe losses as investors dumped growth-oriented risk assets due to a spike in bond yields.

Stock market strategist and head of research at Fundstrat Global Advisors Tom Lee believes Bitcoin will be one of the best-performing asset classes in 2025 despite the recent deep pullback.

“But I think that there is still an argument that in the short term bitcoin is a risk-on asset so as the market liquidates, which happened over the weekend, bitcoin takes a hit so I’d say February is not looking great for bitcoin in the near term ” Lee said

Lee believes Bitcoin could drop to $70,000 before rebounding. Current levels are “probably not the floor for this month so it could visit much lower levels, even 70, but of course that’ll end up being a buying opportunity,” said Lee.

Our Methodology

To make the 10 worst performing Altcoins in 2015, we scanned the cryptocurrency market, focusing on the top 100 alternative coins by market cap. We then trimmed the list and focused on the top ten coins that have shed significant market value year to date. Finally, we ranked them in ascending order based on the percentage loss that the alternative coins have incurred year to date.

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Bitget Token (BGB)

Market Cap as of February 21 2025: $5.57 Billion

Year to Date Drop: 20.78%

Bitget Token (BGB) is the native utility token for the centralized Bitget cryptocurrency exchange. The token allows users to pay trading fees in the exchange and participate in platform activities. It also offers a way of accessing exclusive benefits within the Bitget ecosystem, including profit sharing and social trading. While the coin is down by about 20.78% year to date, it has emerged as one of the worst-performing Altcoins in 2025.

The selloff year to date comes on the token rallying by more than 400% in December, hitting record highs of $8.49. The recent pullback could be attributed to profit-taking after the Donald Trump-driven rally cooling off. Bitcoin has also cooled off significantly from its all-time highs.

The Biggest Token’s macro momentum indicates strong long-term support from HODLers. The percentage of BGB token supply owned by long-term investors has risen 11% in the last month. These investors are essential to preserving price stability and market confidence because they usually hold assets for more than a year.

The risks of short-term selling are offset by this expanding HODLer base, which shows a strong belief in BGB’s long-term potential. Because solid fundamentals support the token, it can withstand any brief declines brought on by profit-taking and keep its generally optimistic outlook.

Overall BGB ranks 8th on our list of the worst performing altcoins in 2025. While we acknowledge the potential of BGB as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than BGB but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.