coin-img-ETHETH-3.23%coin-img-BTCBTC-4.30%coin-img-SOLSOL-3.36%coin-img-XRPXRP-3.51%coin-img-USDCUSDC+0.01%coin-img-XAUTXAUT+0.73%coin-img-HYPEHYPE-5.44%coin-img-DOGEDOGE-3.94%coin-img-ETHETH-3.23%coin-img-BTCBTC-4.30%coin-img-SOLSOL-3.36%coin-img-XRPXRP-3.51%coin-img-USDCUSDC+0.01%coin-img-XAUTXAUT+0.73%coin-img-HYPEHYPE-5.44%coin-img-DOGEDOGE-3.94%coin-img-ETHETH-3.23%coin-img-BTCBTC-4.30%coin-img-SOLSOL-3.36%coin-img-XRPXRP-3.51%coin-img-USDCUSDC+0.01%coin-img-XAUTXAUT+0.73%coin-img-HYPEHYPE-5.44%coin-img-DOGEDOGE-3.94%coin-img-ETHETH-3.23%coin-img-BTCBTC-4.30%coin-img-SOLSOL-3.36%coin-img-XRPXRP-3.51%coin-img-USDCUSDC+0.01%coin-img-XAUTXAUT+0.73%coin-img-HYPEHYPE-5.44%coin-img-DOGEDOGE-3.94%

Bitcoin Falls to $62,900, Ethereum Slides to $1,829 as Altcoins Post 10%+ Weekly Losses

Bitcoin traded around $62,900 on Tuesday, down 2.1% on the day and 7.5% on the week, while Ethereum hovered near $1,829 after an 8% weekly drop. Altcoins underperformed, with XRP sliding 10.8%, Solana losing 11.3%, and dogecoin falling nearly 10%, as CryptoQuant data show altcoin sell-side pressure at five-year highs. FxPro chief market analyst Alex Kuptsikevich said bitcoin's recent rebound attempt resembles consolidation rather than a trend reversal, describing the $60,000 to $70,000 band as a historically important zone between long-term accumulators and newer investors cutting losses. Additional pressure came from what Citrini Research called an emerging "AI scare trade", a macro theme prompting investors to reassess tech-adjacent equities and contributing to a broader risk-off tone that leaves bitcoin trading 48% below its October all-time high.
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BTC
BTC-4.38%
ETH
ETH-3.30%
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