Cryptocurrency Losses Rise Amid AI Scare Trade
Major cryptocurrencies fell 8-11% over the past week, with Bitcoin around $62,900. Altcoins underperformed Bitcoin, facing sell-side pressure at five-year highs. Bitcoin’s range-bo
Major cryptocurrencies fell 8-11% over the past week, with Bitcoin around $62,900. Altcoins underperformed Bitcoin, facing sell-side pressure at five-year highs. Bitcoin’s range-bo
• Bitcoin ETFs have lost $3.8B over five consecutive weeks, longest streak since Feb 2025. • BlackRock’s IBIT accounts for $2.13B of redemptions, leading the outflow trend. • Insti