Bitcoin endured another challenging week, sliding 4.3% to around $67,000, on track to close at its lowest level since October 2024. The cryptocurrency has now fallen 25% year-to-date, with January down 10% and February posting a 14.7% decline — marking an unprecedented start to the year for BTC.
Spot Bitcoin ETFs have mirrored the sentiment, with total assets halving from over $164 billion in October 2025 to $82 billion this week, underscoring heightened risk aversion in the markets. Other major cryptocurrencies have followed suit: Ether (ETH) lost 5.6% to $1,950, Solana (SOL) dropped 7.6% to $80, and XRP fell 4% to $1.37. The total crypto market capitalization has nearly halved since its October peak, sliding from $4.27 trillion to $2.28 trillion.
Analysts note that the combination of declining prices, shrinking ETF holdings, and broad market risk-off sentiment suggests caution for investors. While cryptocurrencies remain high-growth, high-risk assets, the recent streak highlights the volatility inherent in digital assets and the need for disciplined risk management.