Bitcoin slides toward $77,000 as spot ETFs post nearly $1 billion in weekly outflows
Bitcoin extended its pullback over the weekend, easing from about $82,000 last Thursday to around $77,000, according to CoinDesk. The broader crypto complex weakened as rising U.S. Treasury yields and firmer oil prices pressured risk assets, with Ethereum and Solana falling more sharply.
Macro headwinds intensified. The U.S. 10-year Treasury yield climbed to 4.6%, while the 30-year yield pushed above 5% for the first time since May 2025. Oil rose to roughly $102 a barrel and gold stayed elevated, reviving concerns about inflation and the interest-rate outlook.
Against that backdrop, major tokens moved lower. Bitcoin traded near $77,400, down about 1.3% on the day. Ethereum hovered around $2,140 and was down nearly 10% over the week. Solana slipped back to about $85 after giving up earlier gains.
ETF flows also turned into a drag. U.S. spot Bitcoin ETFs saw about $290 million of net inflows last Friday, but still recorded $995 million of net outflows for the week, snapping a six-week streak of net inflows. Spot Ethereum ETFs posted roughly $66 million of net outflows over the same period.
Elsewhere, meme coins such as DOGE, TRUMP and BONK fell more steeply. HYPE on the Hyperliquid platform gained about 6% against the broader decline, but did little to change overall sentiment.
CoinDesk noted that expectations for higher rates have increased, including growing bets on another hike in 2026, adding near-term pressure to highly volatile assets. With yields and energy prices elevated and ETF flows weakening, the market faces the risk of continued volatility.