Bitcoin fell once this week at a rate of $60,000, with a minimum touch of about $592 million, and then bought into the field at a price that was around $607 million. However, on a weekly basis, mainstream encrypted assets as a whole remain in a state of fall, with limited resilience.
Mainstream currency is generally weak
CoinDesk data show that bitcoin fell by 2.9 per cent at 24 hours and increased to 5.4 per cent within week. It fell to $1616, or 7.9 per cent per week; XRP reported $1.07, or 9.2 per cent per week; and Solana fell to $68.
Dog coins and Hyperliquid HYPE dropped even more, by 11.9% and 11.7%, respectively, over the past seven days. Of the main tokens, the wave field Tron is a small number of categories that have risen in opposition, rising 1.9 per cent in the week.
ETF Flows and Dollars Forced Pressure
According to the report, the fall did not follow the rebound of the US share technology plate. The AI transactions that had previously slowed down the risk asset had warmed up. After providing better-than-anticipated sales guidelines, US$ 15 per cent in stock prices, US$ 100 in futures, 1.8 per cent in futures, and South Korea ' s Kospi index, which rose by over 6 per cent.
However, the encryption market has not picked up simultaneously. According to Alex Kuptsikeevich, the FxPro Chief Market Analyst, Bitcoin fell by $60,000, mainly reflecting pressure from three sources: real bitcoin ETF ongoing capital outflows in the United States, Fed positional eagles, and the dollar up to seven months.
A stronger United States dollar usually increases the cost of buying dollar-denominated assets by overseas investors and weakens the attractiveness of risky assets. This leaves the encrypted market without sufficient buyout support even in the context of a fall in oil prices and a rebound in technology.
Market interest in inflation data
FxPro also mentioned that bitcoin is currently hovering near the 200-week average. This long-term trend line, which has been broken several times in the past, has lasted longer than briefly.
Analysts believe that inflation data to be published in the United States will be a short-term focus. If the data are strong, it may further strengthen the Fed ' s hawk expectations and dollar strength; if the data are weak, it may ease the current pressure on encrypted assets.
In the current trading environment, market concerns have shifted from oil prices and geo-situations, which have previously driven June, to ETF flows and the recovery of spot demand.
