Bitcoin Breaches 10/10 Low as It Approaches $100,000

Why It Matters

The sharp price declines and heavy liquidations signal heightened risk aversion that could prolong a bear market cycle for digital assets, while the pending trade‑policy ruling may further sway investor sentiment and dollar strength. Sustained ETF outflows and macro‑policy uncertainty underscore the vulnerability of crypto valuations to broader economic and political developments.

Summary

Bitcoin slipped to about $101,000, a 6% drop in 24 hours and 12% weekly, as the broader crypto market fell 6% to $3.44 trillion. Major altcoins such as Ethereum, BNB, Solana and XRP posted double‑digit weekly losses, while spot Bitcoin and Ethereum ETFs saw consecutive days of outflows exceeding $1.3 billion and $500 million respectively. Roughly $1.1 billion in crypto positions were liquidated, with Bitcoin accounting for $400 million, amid growing uncertainty over U.S. trade policy and an upcoming Supreme Court decision on presidential tariff powers.