coin-img-XAUTXAUT-0.71%coin-img-HYPEHYPE-5.64%coin-img-PAXGPAXG-0.38%coin-img-WLFIWLFI+0.65%coin-img-ASTERASTER+9.77%coin-img-ONDOONDO-0.88%coin-img-ZAMAZAMA-5.28%coin-img-ETHETH-2.04%coin-img-XAUTXAUT-0.71%coin-img-HYPEHYPE-5.64%coin-img-PAXGPAXG-0.38%coin-img-WLFIWLFI+0.65%coin-img-ASTERASTER+9.77%coin-img-ONDOONDO-0.88%coin-img-ZAMAZAMA-5.28%coin-img-ETHETH-2.04%coin-img-XAUTXAUT-0.71%coin-img-HYPEHYPE-5.64%coin-img-PAXGPAXG-0.38%coin-img-WLFIWLFI+0.65%coin-img-ASTERASTER+9.77%coin-img-ONDOONDO-0.88%coin-img-ZAMAZAMA-5.28%coin-img-ETHETH-2.04%coin-img-XAUTXAUT-0.71%coin-img-HYPEHYPE-5.64%coin-img-PAXGPAXG-0.38%coin-img-WLFIWLFI+0.65%coin-img-ASTERASTER+9.77%coin-img-ONDOONDO-0.88%coin-img-ZAMAZAMA-5.28%coin-img-ETHETH-2.04%

Bitcoin Erases All Post-Trump Election Gains as Weekend Liquidations Hit $2.7B

Bitcoin has wiped out all gains since Trump's November 2024 election, with weekend liquidations exceeding $2.7 billion and the price briefly falling below $80,000 before touching $60,000, its lowest level since April 2025, Wintermute reports. The selloff was largely driven by U.S. capital, alongside negative Coinbase premiums and a cumulative $6.2 billion outflow from spot bitcoin ETFs since November, with IBIT serving as both the largest holder and a major source of supply. Wintermute notes that crypto assets currently show a bearish skew while AI-themed investments continue to attract capital, and views a durable recovery as unlikely unless Coinbase premiums turn positive, ETF flows reverse to inflows, and futures basis conditions stabilize.
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