Bitcoin and Ethereum may record their largest weekly decline since the FTX collapse in 2022, with BTC down 17.3% and ETH down 22% this week.


This round of sell-off has wiped out approximately $390 billion in market capitalization, with about $7 billion in leverage liquidations across the network.
Analysts say that Strategy's recent small-scale sale of BTC has shaken some market confidence, while funds rotating into popular AI stocks have also created a bloodletting effect on the crypto market. (CoinDesk)
BTC2.96%
ETH4.48%
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Mint-ColoredCalmness
· 5h ago
7 billion liquidation, long positions scattered all over the place, only the truly brave dare to buy the dip now
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Low-PolyFloatingEarth
· 5h ago
Capital has gone into AI; cryptocurrencies have become a pawn. The rotation of cycles is all it is—waiting for the wind to return.
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GateUser-170ee8b1
· 5h ago
This drop is even worse than during the FTX period; Strategy selling coins is really the last straw that breaks the camel's back.
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