Cryptocurrency Losses Rise Amid AI Scare Trade

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

Bitcoin ETFs bleed $3.8 billion in historic five-week outflow streak

Bitcoin ETFs bleed $3.8 billion in historic five-week outflow streak

• 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