Bitcoin fell by $60,000 a weekend, and the market continued to press until the end of the second quarter. Based on the available data, bitcoin could fall by about 12 per cent in the second quarter, compared with about 22 per cent in the previous quarter. If finally confirmed, it would be a continuous fall in the first two quarters of the year in which bitcoin was rare.
The fall continued in weeks.
The CoinDesk data show that Bitcoin's weekly report was $59,940, a drop of 0.6 per cent for 24 hours and nearly 7 per cent for a week. During the same period, the ETA showed a weaker performance, with a decline of 9.5 per cent during the week and an estimated US$ 1,567.
It's a lot bigger down there. Dog currency dropped from $11.7 to 0.073 per week, hype from Hyperliquid fell by 10.6 per cent and XRP fell by 8.7 per cent to $1.04 per cent. By contrast, Solana fell by about 3.5 per cent, reporting $70; Tron fell by about 1.5 per cent, showing a confrontation.
Weak performance in the first half of the year
The Coinglass data show that bitcoin fell by about 22 per cent in the first quarter and currently by about 12 per cent in the second quarter. It fell about 29% in the first quarter, about 25% in the second quarter, and the whole was weaker than bitcoin.
Compared to historical performance, this trend is not common. It was mentioned that the first two quarters of the year in Bitcoin had fallen consecutively, only twice in its history. In the past decade, the second quarter was usually one of the relatively strong stages of the performance of Bitcoin, and this time clearly deviated from the rhythm.
ETF Financial and dollar pressure
The reasons for market pressures are not new. Reports suggest that the continued outflow of United States spot bitcoin ETFs weakens the buyout support; at the same time, the hawk Fed ' s position and the near-seven-month-high dollar has continued to suppress encrypted asset performance.
In addition, AI has continued to attract funds to the semiconductor and to store chips, and risk preferences are more concentrated in the direction of US stock technology. The short-line pressure on the encryption market was further exacerbated by the fall of the technology unit a week earlier.
Three quarters focus on changing needs
As the second quarter draws to a close, the market will then observe two points: whether the outflows of real bitcoin ETF in the United States have slowed, and whether demand has recovered.
If these two indicators do not improve, the vulnerability created in the first half of the year may continue into the third quarter; if funding stabilizes, the decline in bitcoin and the Ethera is likely to moderate.