Bitcoin Drops 3.9 Percent Weekly Amid Market Uncertainty

RunWithRugs · 2026-02-25T07:33:43+00:00

Bitcoin experienced significant volatility, falling from nearly $68,900 to around $66,200, amid $360 million in withdrawals from US spot Bitcoin ETFs. Ethereum also declined, reflecting broader market uncertainty.

RunWithRugs

2026-02-25 07:33:43

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(MENAFN) Bitcoin swung sharply over the past week, tumbling from near $68,900 to roughly $64,500 by 0200GMT Monday before paring some losses.

As of 1200GMT, the world’s largest cryptocurrency was trading around $66,200, marking a 2.85% decline from Sunday to Monday.

The latest downturn has been largely fueled by sustained capital withdrawals from US spot Bitcoin exchange-traded funds. Investors pulled about $360 million from these institutional vehicles over the past week alone, underscoring a more defensive stance as broader macroeconomic uncertainty persists.

On a weekly basis, Bitcoin has shed 3.9%.

Ethereum followed a similar path. The second-largest cryptocurrency dropped 3.15% over the previous 24 hours, changing hands at $1,914 as of 1200GMT.

MENAFN24022026000045017169ID1110780379

BTC6.92%

ETH11.4%

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