A confluence of bearish pressures has pushed crypto markets toward their worst weekly performance since July 2024, with bitcoin and ether testing critical support levels that could determine near-term price direction. Ether faces particular scrutiny as it approaches a key technical threshold, while additional headwinds are compounding the selloff.
U.S. spot bitcoin ETFs recorded $3.05 million in net inflows on Wednesday, halting a 13-session outflow streak that had drained approximately $4.4 billion from the funds. Ether ETFs also reversed course, attracting $19.30 million in net inflows to end a 17-day redemption run. BlackRock&
XRP exchange-traded funds allow investors to gain exposure to XRP's price movements through regulated stock exchanges like the NYSE or Nasdaq, removing the need to hold the asset in a digital wallet. Unlike direct crypto purchases, ETF shares are bought through traditional brokerage accounts, making XRP accessible
A consortium backed by JPMorgan, Citi, and other major banks is planning to launch a tokenized deposit network in early 2027, according to the Wall Street Journal. The initiative would allow tokenized deposits to move instantly between institutions and enable around-the-clock settlement, addressing longstanding inefficiencies in traditional banking
Bitcoin's recent price decline is putting pressure on the narrative that institutional adoption will provide a stable demand floor, with some questioning whether large players are withdrawing confidence. Anthony Pompliano, however, argues the pullback represents routine capital rotation rather than a breakdown in fundamentals, framing it as evidence
Bitcoin has fallen below the lowest band of the Bitcoin Rainbow Chart — labelled 'Basically a Fire Sale!' — for only the second time since the November 2022 FTX exchange collapse, a level historically associated with extreme undervaluation. Simultaneously, the Crypto Fear and Greed Index dropped to 12 out of
A strategist at Charles Schwab argues that Bitcoin's $60,000 price level represents a structurally significant floor because it aligns closely with the all-in production costs of the most efficient mining operations. When market prices approach the cost of mining, unprofitable miners are forced to exit, reducing
Bitcoin has dropped approximately 13% this week and sits nearly 50% below its recent peak, prompting Strategy's Michael Saylor to attribute the decline to capital rotation out of crypto and into artificial intelligence investments. Saylor argues that institutional and retail investors are redirecting funds toward AI-related assets,
A convergence of selling pressure from ETFs, short-term speculators, and miners has drained Bitcoin's spot market liquidity at the fastest rate since the Terra/Luna collapse in 2022, sending BTC down 12% in a week. However, the same conditions are generating a heavily short-weighted derivatives market,
MicroStrategy executive chairman Michael Saylor has attributed Bitcoin's slide below $62,000 to capital flowing out of crypto and into artificial intelligence infrastructure, rather than any deterioration in Bitcoin's underlying fundamentals. The argument positions AI investment as a competing asset class temporarily drawing institutional and retail
Bitcoin's correlation with traditional equities has broken down in a way that complicates the bullish case, as ETF-driven demand now competes directly with AI equity flows for the same pool of marginal dollar liquidity. Through much of 2026, BTC tracked macro risk-off moves predictably — rising oil
Standard Chartered's digital assets research head Geoff Kendrick believes Bitcoin is approaching a price floor following a sharp 14% decline over seven days. The sell-off was driven by three converging pressures: an unexpected Bitcoin sale by Strategy, significant outflows from spot Bitcoin ETFs, and a wave of