4 hours ago
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Key Takeaways
- BTC dropped 17.69% for the week, hitting a low of $59,128
- Spot ETFs recorded a historic $3.4 billion in net outflows in a single week, with 13 consecutive days of red flows.
- Bitcoin’s realized capitalization shrank by approximately $40 billion.
- The 200-week moving average was briefly pierced but closed above.
Crypto markets are going through one of their worst stretches of 2026. Bitcoin lost more than 17% of its value in just five trading sessions, opening the week at $73,680, briefly touching $73,889, and then collapsing to $59,128 before closing at $60,462 – a range that tells the story of a market that ran out of buyers fast. Months of accumulated gains were erased in days, and the selling pressure came from multiple directions at once: institutional funds pulling capital, leveraged positions being forcibly closed, and a macro environment actively pulling money away from crypto toward other assets. This is a market searching for a bottom it has not yet found.
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