High-net-worth crypto investors have recently concentrated their buying in major assets—led by Bitcoin (BTC), Ethereum (ETH), and XRP (XRP)—underscoring a defensive tilt in positioning. At the same time, several smaller altcoins have slipped into what technicians describe as 'extreme oversold' territory, with Relative Strength Index (RSI) readings collapsing into the 1%–5% range, highlighting widening dispersion across the market.
Bitcoin finds itself trading at a price point rarely witnessed outside of severe bear market conditions. As of Thursday's session, BTC was exchanging hands between $62,150 and $62,623, reflecting a modest daily gain of approximately 2%, though still registering weekly losses.
Institutional outflows from crypto ETFs highlight growing market volatility, potentially undermining confidence and impacting future investment strategies. Bitcoin spot ETFs see $214M outflow as Ethereum funds shed $36M in single session.
ETF outflows have dominated the narrative but corporate bitcoin treasuries have gone quiet too, compounding the demand-side weakness.
Bitcoin is showing renewed signs of on-chain capitulation, according to Axel Adler Jr.'s latest Adler AM Bitcoin Morning Brief, as realized capitalization contracts and loss-taking sales dominate market activity. The setup matters because two independent measures: Realized Cap Net Position 30D Change and adjusted SOPR are now pointing to the same stress regime.
Bitcoin faces deep whale losses and cautious accumulation as valuations enter discounted territory.
Bitwise CIO Matt Hougan says advisors now favor stablecoins and tokenization over Bitcoin after talks with more than 40 advisors this week.
Two widely watched gauges show capitulation, but the analyst flagging them warns the slow grind comes next.
Bitcoin fell below $62,000 after the May CPI data, as Trump's Iran threats, dollar strength, and weaker spot demand pressured crypto markets.
Bitcoin is struggling below $62,000 as selling pressure and fear continue to define the market environment. The uncertainty is real — but top analyst Woominkyu has published an on-chain analysis that reveals what was actually happening during the most intense phase of the decline.
Bitcoin treasury companies are piling on debt at record rates to fund their BTC buying, Capriole Investments founder Charles Edwards warned, reviving a year-old call that the model rests on unsustainable “fake yield.
The interest of financial advisors is rapidly shifting from Bitcoin toward stablecoins and asset tokenization. This was stated by Matt Hougan, Chief Investment Officer (CIO) of Bitwise, after holding strategic meetings with more than 40 industry professionals this week.