The crypto market over the past week has faced significant pressure. Bitcoin briefly dropped to around US$58,000, its lowest level in 2026, after US PCE inflation data came in higher than expected, triggering large-scale liquidations in global markets that affected hundreds of thousands of traders. In the last seven days, BTC fell about 6%, and over the last 30 days, its correction has exceeded 20%.

The main cause is market expectations that the Fed will keep interest rates high for longer, combined with institutional fund outflows and declining investor confidence in risk assets.
However, amid the correction, trading volume actually surged to tens of billions of dollars in 24 hours — a sign that the market has not lost interest, only that it is determining a new direction: whether this is an accumulation phase or the start of a deeper decline. Interestingly, some altcoins have posted significant gains amid Bitcoin's weakness, indicating that investor rotation is still alive.
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