Overview
- Bitcoin hovered near $67,000–$68,000 after sellers capped a brief move above $70,000, with technicians warning a clean break under $67,000 could refocus $65,000 and possibly $60,000.
- Losses spread across digital assets, with 85 of the top 100 tokens down and privacy and smart‑contract sectors underperforming in recent sessions.
- Flows and sentiment turned cautious as spot bitcoin ETFs saw about $360 million in outflows last week and roughly $3.7 billion over four weeks, while the Fear & Greed Index fell to 10 out of 100.
- On‑chain data showed increased exchange outflows to large holders even as derivatives positioning and elevated implied volatility pointed to the potential for sharp swings.
- Macro caution persisted ahead of the Fed minutes and the core PCE release after January CPI slowed to 2.4% year over year, while equities wobbled on AI disruption concerns and corporate bitcoin treasuries like Strategy Inc. and Metaplanet reported heavy valuation losses.