Bitcoin, ether eye worst weekly rout since FTX collapse as cryptos shed $390 billion
Large weekly selloff drives risk-off and liquidity strain across crypto.
Detailed read
A volatile week ended with one of the biggest crypto selloffs since the FTX era, erasing roughly $390 billion in market value and pushing traders to de-risk. The move signals heightened risk aversion and liquidity needs that can amplify price moves even after small intraday rebounds.
Historical signal. The original monitoring horizon was first 1h - 4h after publication.
A week that began with Strategy's bitcoin sale ended with one of the largest crypto market drawdowns in years.
Why it matters
Widespread market losses lower risk appetite, tighten liquidity, and can trigger margin pressure; that typically weighs on headline crypto prices and trade flows.
What could go wrong
If selling is technical or concentrated and funding conditions ease, the rout could quickly stabilize or reverse, reducing ongoing downside.