Bitcoin Tax: One Year Past the $126,080 Peak, Losses No Longer Count

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Bitcoin trades at $82,558 on Friday morning, 34.5 percent below an all-time high that is now a good year old. Anyone who bought back then loses more than the prospect of a quick recovery when the one-year period expires: the tax value of the loss goes with it.Bitcoin trades at $82,558, or €73,577, on Friday morning. The all-time high of $126,080 was set on October 6, 2025, which leaves the price 34.5 percent below that mark. Measured in euros, the gap to the record of €107,662 is 31.7 percent, because the dollar has weakened since. Prices are from CoinGecko. That date is the reason to talk about bitcoin and tax today. October 6, 2025 is now more than twelve months ago. Anyone who bought on that Monday, or in the days that followed, has passed the one-year holding period under Section 23 of the German Income Tax Act. A sale would be tax-free from today. That sounds like an advantage, and with the price down by roughly a third it becomes the opposite: tax-free also means the tax o...