The cryptocurrency market is undergoing a deep correction, marked by a fifth consecutive week of decline for Bitcoin. BTC has dropped 28% over the period, falling from USD 93,500 to USD 67,000, and is down nearly 3% since Monday. This trend reflects a significant investor pullback in an environment of heightened risk aversion, which is also weighing on technology stocks.
Spot Bitcoin ETFs confirm this pattern: for the fifth week in a row, their assets under management have decreased, with USD 400 million in outflows since Monday. This movement highlights a defensive repositioning among institutional investors, who are typically more sensitive to macroeconomic conditions and market volatility.
Bitcoin’s weakness is dragging the entire market lower. Ether (ETH) is down 1.58% around USD 1,930, Solana (SOL) has fallen 4.26% to roughly USD 82, and XRP has dropped 5.75% to USD 1.39. This broad-based decline reflects a market dominated by selling pressure, with no immediate positive catalysts.
In the short term, downward pressure is likely to persist as long as market sentiment remains cautious. Over the medium term, the trajectory will depend on the return of risk appetite, the stabilization of ETF flows, and Bitcoin’s ability to regain a key technical support level. The risk‑reward profile remains asymmetric, with a market still fragile and highly sensitive to macroeconomic shocks.