Bitcoin fell 17.3% in its worst week since the 2022 FTX collapse, as $390B left crypto and $5.5B exited spot bitcoin ETFs.

Bitcoin rose about 2% to near $63,000 on Monday in an oversold bounce, after a brutal week that dragged it below $60,000 and wiped roughly $390 billion off the crypto market.

Over $5.7 billion in crypto long positions were liquidated in seven days as Bitcoin and Ether posted their worst weekly performance since the FTX collapse.

Spot Bitcoin ETFs posted a fourth straight week of billion-dollar outflows, while Ether ETFs shed another $173 million as investors cut crypto exposure amid macro uncertainty.

Bitcoin experienced its worst week since the FTX collapse, with a modest rebound now raising concerns among analysts. Investors are pulling funds from Bitcoin ETFs, technical…

Bitcoin experienced its steepest weekly drop since the FTX collapse, driven by outflows from ETFs, AI stock competition, and shifting interest-rate expectations. Technical…

Bitcoin fell 17.3% in its worst week since the 2022 FTX collapse, as $390B left crypto and $5.5B exited spot bitcoin ETFs.