Crypto markets moved lower over the past seven days, led by Bitcoin as investors pulled back from risk assets. BTC began the week in the $77,000–$78,000 range but gradually lost momentum, trading nearer to $73,000 by Friday.
This decline reflected a mix of macro pressures, renewed ETF outflows and thinner liquidity rather than a single industry-specific event.
The most notable theme was waning institutional demand. US spot Bitcoin ETFs experienced meaningful redemptions, with more than a billion dollars withdrawn in a single day. At the same time, large-holder activity increased: whale outflows reached their highest level since February, suggesting some major investors may be preparing to sell into weakness.
Macro headlines also weighed on sentiment. Geopolitical tensions between the US and Iran dimmed hopes of near-term rate cuts, pressuring speculative assets. Reports that central banks are adding to gold reserves at an accelerated pace reinforced a broader risk-off stance across markets.
Altcoins largely followed Bitcoin downward. Ethereum remains near $2,000, and overall risk appetite stayed cautious.
In summary, the week highlighted how sensitive crypto markets remain to ETF flows and macro risk. Bitcoin’s inability to sustain prices around the mid-$70,000s leaves the market in a defensive posture heading into the coming week.
Market Data
Market Cap: $2.54T | 24H Vol: $83B | BTC Dominance: 57.7%
BTC: $73,158 (-5.4%) | ETH: $1,995 (-5.9%) | XRP: $1.33 (-3.4%)
This Week’s Crypto Headlines You Can’t Miss
SpaceX Pre-IPO Market Flash-Crashes 45% on Hyperliquid. The SpaceX pre-IPO market on Hyperliquid, powered by Ventuals, experienced a sudden flash crash. Prices plunged about 45% before recovering, triggering mass liquidations. Ventuals has stated that affected traders will be compensated.
Google Engineer Accused of Turning Secret Search Data Into a $1.2M Polymarket Profit. US prosecutors have charged a Google software engineer with allegedly using confidential search data to profit on Polymarket. Authorities say the individual made approximately $1.2 million by leveraging proprietary information.
Hyperliquid Adds Macro Prediction Markets, HYPE Soars Above $64. Hyperliquid expanded its range of outcome markets beyond fixed bets on Bitcoin’s daily price to include macro events such as monthly CPI prints and similar economic indicators, fueling strong interest in its HYPE token.
Coinbase CEO Outlines What Must Change for Finance to Advance. Brian Armstrong said the financial system still requires substantial upgrades. He emphasized the need for both technological innovation and policy work to drive meaningful progress.
Galaxy Digital and BitGo Clash in Court Over Failed $1.2 Billion Crypto Merger. BitGo and Galaxy Digital continue a legal battle over the collapse of a $1.2 billion acquisition deal that would have been one of the industry’s largest mergers.
Sui Network Suffers Fresh Outage Months After Prior Six-Hour Downtime. Sui Network faced another significant outage, with the blockchain offline for nearly six hours on Thursday. This incident follows previous downtime and raises questions about reliability.
Charts
This week’s technical coverage includes charts and analysis for Ethereum, Ripple, Cardano, Binance Coin and Hyperliquid. For a full price breakdown, see the complete analysis.